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3.45%

3.0¢ new world resources limited

Like I said, there's lots of levers to be pulled available as...

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BaltasarG

3,734 Posts.

1554

22/07/24

05:16

Post #: 74849577
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Originally posted by BaltasarG: ↑

Hi @Geeenius
I just asked Mike and Nick about the streaming part and they said $80+ million out of the total (circa $258 million++) should be attainable.

Only thing was it would then raise the cash cost to say 40c/lb as you've presold some of the metals and it would be worth weighing up at the time (dependant on SP) whether there would better value taking less on the streaming upfront and adding an equity component.

All depends where we sit on prices (of shares, underlying metals etc). A balancing act to be evaluated at the time.

The other thing to be cognisant of is, so long as we don't sell the metals to China as more protectionist policies are enacted (both sides of the political spectrum are pushing for this regardless of election outcome) then there are a few options re govt grants as re-industrialisation policies kick in.

Theres a few levers to pull as its such a high grade low cost project.

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Like I said, there's lots of levers to be pulled available as this whole macro backdrop evolves.

https://www.ft.com/content/220ef9d2-df1e-4b93-b044-fb1957591428

The timing of this project couldn't be better as the team foresaw when they picked this up a few years back.

Last edited by BaltasarG: Today, 05:18

NWC Price at posting: 3.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 3.0¢		Change 0.001(3.45%)		Mkt cap ! $85.06M

Open	High	Low	Value	Volume
2.9¢	3.0¢	2.9¢	$473.4K	16.22M

Buyers (Bids)

No.	Vol.	Price($)
2	400000	2.9¢

Sellers (Offers)

Price($)	Vol.	No.
3.0¢	1298693	6

View Market Depth

No.	Vol.	Price($)
2	400000	0.029
12	3430446	0.028
10	3710926	0.027
3	431250	0.026
8	623000	0.025

Price($)	Vol.	No.
0.030	1258693	5
0.031	1140000	3
0.032	350000	2
0.033	380000	2
0.034	521147	2

Last trade - 16.10pm 19/07/2024 (20 minute delay)

NWC (ASX) Chart