boned1, They need to prove up a large resource to get parties/investors on board to pay for set up costs, especially rail.
Your points are all valid, but I think WGO will be taking a similar path as SDL. There are no short cuts. Size is king in Africa.
However it looks very promising at this stage and the risk reward is defintiely on!
2 billion tonne hematite target with $7m cash , page-12
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GTI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.780M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500000 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 1303510 | 2 |
View Market Depth
| Last trade - 16.12pm 06/09/2024 (20 minute delay) ? |
| GTI (ASX) Chart |
Day chart unavailable