NWC new world resources limited

Well, he's not wrong technically.compared to the last year...

  1. 329 Posts.
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    Well, he's not wrong technically.
    compared to the last year it's a premium.

    but, Yeah I don't get it.
    with Mike, the narrative for years and years was 'all the way to production'.

    I do wonder if the reality of the money required to do that has hit home once Nick took the reins. Take over deals don't happen fast, so this has likely been in the works for a long time.

    The market being what it is, currently it's a bad time to be going cap in hand for money anywhere, so maybe in the current circumstances this is the best option.

    Can't help but wonder what the SP might have looked like in a few years though, especially after today's announcement.
    Last edited by Lurker99: 26/05/25
 
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