GWR
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3.49% 8.3¢ gwr group limited

Ann: C4 Iron Ore Mine September Update, page-15

  1. red-frog
    2,507 Posts.
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    22/09/21
    14:46
    Post #: 56267700
    At .12 the fe is now valued at zero.

    M/c is currently $36m

    Cash as of 30/6/21 was $23m
    TGN & EMT investments worth circa $10m
    Fe profit since 30/6/21 guess of $5m?
    Total value in cash and investments $38m

    Assets currently valued at zero are:

    A large fe project for future sales and further developments if there is a sustained lift in fe prices.

    80% reducing to 50% of Hatches Creek tungsten project with TGN.
    TGN can buy out GWR for around $6.5m cash if they wish.


    GWR Price at posting: 12.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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