btw I think at this point a buyout at 800m aud would probably be successful, but probably not derisked enough for anyone to make a play.
That'll change once there is some certainty about haul road timeframe (my guess: completed by H2 2026), and pit-constrained reserve size (my guess 50-60mt @ 1.25% by EOY), and to a lesser extent, cost and time to repurpose the Reynard plant (my guess <$100m and <1yr).
Thoughts?
Ann: Exclusive option to Acquire Renard Project, page-429
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Last
$1.33 |
Change
-0.060(4.32%) |
Mkt cap ! $253.7M | |||
| Open | High | Low | Value | Volume |
| $1.37 | $1.38 | $1.33 | $786.7K | 585.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5383 | $1.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.35 | 40000 | 2 |
View Market Depth
| Last trade - 16.10pm 22/05/2024 (20 minute delay) ? |
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Last
$1.33 |
Change
-0.060 ( 2.93 %) |
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| Open | High | Low | Volume | ||
| $1.35 | $1.37 | $1.32 | 84417 | ||
| Last updated 15.59pm 22/05/2024 ? | |||||
| WR1 (ASX) Chart |