NWC 2.70% 3.6¢ new world resources limited

Their reserve conversion was quite high, reserve of 2.7 against...

  1. 1,531 Posts.
    lightbulb Created with Sketch. 265
    Their reserve conversion was quite high, reserve of 2.7 against M&I of 2.9. You can't convert reserve from inferred resource in which inferred is the majority of the total resource for them. Given the nature of the deposit, it gets very expensive quickly trying to infill the inferred from surface drilling so infill and further conversion of inferred comes from drilling UG off the end of a production decline.
 
watchlist Created with Sketch. Add NWC (ASX) to my watchlist
(20min delay)
Last
3.6¢
Change
-0.001(2.70%)
Mkt cap ! $102.0M
Open High Low Value Volume
3.6¢ 3.6¢ 3.5¢ $92.24K 2.566M

Buyers (Bids)

No. Vol. Price($)
26 6899353 3.5¢
 

Sellers (Offers)

Price($) Vol. No.
3.6¢ 855902 1
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
3.6¢
  Change
-0.001 ( 0.28 %)
Open High Low Volume
3.6¢ 3.6¢ 3.6¢ 689861
Last updated 14.26pm 03/05/2024 ?
NWC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.