Looks like NWC has fallen into the Orphan Period of feasibility into construction phase of the Lassonde Curve and now compounded with a market shock and possible recession/trade wars.
I was hoping management would be much more aggressive and communicative about exploration as there's no lack of targets and they appeared to be strategically acquiring high exploration potential leases, they should redouble efforts to effectively move the company towards the speculative resource definition phase of the Lassonde Curve and entice more investment. Current and lower SP points may offer high value if the company finds even 2 more moderate sized VMS lenses.
GLTAH & IMO
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NWC
new world resources limited
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5.0¢

Looks like NWC has fallen into the Orphan Period of feasibility...
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Last
5.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $177.0M |
Open | High | Low | Value | Volume |
5.1¢ | 5.1¢ | 5.0¢ | $996.2K | 19.76M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 10672579 | 5.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.1¢ | 15793758 | 23 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 10672579 | 0.050 |
3 | 1102000 | 0.049 |
2 | 9000000 | 0.048 |
11 | 16953152 | 0.047 |
14 | 36845391 | 0.046 |
Price($) | Vol. | No. |
---|---|---|
0.051 | 15093758 | 21 |
0.052 | 2725000 | 8 |
0.053 | 4191436 | 2 |
0.054 | 1000000 | 1 |
0.055 | 1299506 | 4 |
Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
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NWC (ASX) Chart |