WMG 3.03% 32.0¢ western mines group ltd

Forgive my ignorance but I've been trying to wrap my head...

  1. 85 Posts.
    lightbulb Created with Sketch. 23
    Forgive my ignorance but I've been trying to wrap my head around this for a couple of days.
    If the resource is comparable to Mt Keith and lets say for fun is valued for $10billion would that than mean the mulga monster could sell for approx $175 per share???
    If this is correct I can't imagine how much the asset would be worth if it was 4 to 5 times that of Mt Keith.
    happy to be corrected cause I know f* all.
 
watchlist Created with Sketch. Add WMG (ASX) to my watchlist
(20min delay)
Last
32.0¢
Change
-0.010(3.03%)
Mkt cap ! $24.23M
Open High Low Value Volume
33.0¢ 33.5¢ 32.0¢ $31.11K 94.16K

Buyers (Bids)

No. Vol. Price($)
3 39999 32.0¢
 

Sellers (Offers)

Price($) Vol. No.
34.0¢ 53000 2
View Market Depth
Last trade - 16.10pm 16/05/2024 (20 minute delay) ?
Last
34.5¢
  Change
-0.010 ( 5.67 %)
Open High Low Volume
33.5¢ 34.5¢ 33.5¢ 4400
Last updated 15.14pm 16/05/2024 ?
WMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.