Hey Joel,
To quote a favourite movie.. there can be only one ⚔️
All that being said, I don't discount WGX looking to Bluebirds south too, for a bulk mining option to bolster the Bluebird plant... MEK seems the most logical choice.
GBR are 1-2 years away from being permitted.
OAU even longer, as it just had it's maiden MRE.
WGX can pick them off at a later date if it needs to.
As to whether it will be a full acquisition, or something similar to what GMD did with SBM... offering MEK a big pile of WGX shares and just taking their Murchison assets off them, or... a 100% toll treatment deal for say 5 years... lots of possibilities.
WGX may have had other plans for the region, but in the near term. It just seems logical and a relatively quick option (sort of like MGV, but... MGV was priced at a very high cost per ounce.... $200+). I would be thinking a price close to $40 an ounce, as really, MEKs ounces are not amazing, but... they would be profitable.
Thoughts...?
We will see
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Last
$2.90 |
Change
-0.020(0.68%) |
Mkt cap ! $2.739B |
Open | High | Low | Value | Volume |
$2.92 | $2.96 | $2.88 | $11.13M | 3.820M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
21 | 34067 | $2.90 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.91 | 47316 | 51 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
24 | 35608 | 2.900 |
15 | 81728 | 2.890 |
16 | 62883 | 2.880 |
11 | 55101 | 2.870 |
9 | 25605 | 2.860 |
Price($) | Vol. | No. |
---|---|---|
2.910 | 51728 | 60 |
2.920 | 60175 | 51 |
2.930 | 98530 | 26 |
2.940 | 77603 | 16 |
2.950 | 34361 | 12 |
Last trade - 14.45pm 27/06/2025 (20 minute delay) ? |
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PARADIGM BIOPHARMACEUTICALS LIMITED..
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