NWC 3.45% 3.0¢ new world resources limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-55

  1. 15,158 Posts.
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    Broadly the potential stock price is dependent on commodity price the amount of equity required to build the plant the number of further discoveries plus optionality. I.e corporate plays by management.
    In this regard, the analysts have experience and made a fair fist of it in their calls. It's also why I intend to add capital as the milestones are reached and risks reduced. I won't forget it is a small cap and thus unable to sustain a high P/E ratio after production unless that optionality is delivered.

    I intend to play each ball on its merits and not get out over my ski's, if you'll pardon my mixing sporting analogies.

    ALL IMVHO.
    Last edited by arsenic: 04/02/23
 
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