What I find encouraging and perplexing. Is that the people from RCF Capital represented by Joe Bishop put money into NWC.
Now they are a specialist mining investment company and financier. They will be key players both in the equity financing and any takeover attempt. Implicit in the critical comments about mining method, is that RCF don't know what they're doing. Now I'm willing to bet, in fact I have, a decent amount that RCF know what they're doing and did when their entry was around 4c.
They actually, only came in when development capital for small miners was very difficult to source. As we've progressed through the de-risking steps: mining license and DFS post PFS I don't see them wavering.
having invested alongside them and others like Taurus before I see no need to question my judgment on this one.
In fact, all I see is deep value in comparison to a couple of others I own where the valuations may have gotten a touch frothy. I really like the fact that (as predicted) takeovers are occurring in the gold sector. I can guess which sector is next cab off the rank.
Aoplogies for length of post.
All IMVHO
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new world resources limited
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What I find encouraging and perplexing. Is that the people from...
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Last
5.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $185.8M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 400000 | 6.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.0¢ | 45616 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 400000 | 0.062 |
1 | 9649 | 0.057 |
1 | 9452 | 0.053 |
5 | 298346 | 0.052 |
3 | 3500000 | 0.051 |
Price($) | Vol. | No. |
---|---|---|
0.050 | 45616 | 1 |
0.052 | 177334 | 1 |
0.053 | 99900 | 1 |
0.054 | 40000 | 1 |
0.057 | 609506 | 3 |
Last trade - 16.12pm 18/06/2025 (20 minute delay) ? |
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NWC (ASX) Chart |
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Professor John Aitken, Scientific Director
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