Agree with some of your points. But honestly, looking at the mining spec landscape, there are so many explorers at market caps of less than $5 million and close to or trading at cash backing. Lots of good results not getting the uplift in buying and price movements have been on pumps for capital raising. The lack of movement here is not specific to WSR but more or so the mining spec environment has been extremely terrible. The high interest rate environment and lack of liquidity in the spec market is taking a toll on so so many mining companies.
The company still has lots of cash of close to or at $2 million and cash burn looks very much under control. Has the RMS JV and AUN shares worth around $100k.
Probably want to see more Director buying at this point.
Agree with some of your points. But honestly, looking at the...
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.392M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1020734 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 662189 | 2 |
View Market Depth
| Last trade - 16.21pm 25/07/2025 (20 minute delay) ? |
| WSR (ASX) Chart |
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