NWC

9.52%

1.9¢ new world resources limited

Ann: Recent Drilling Intersects High-Grade Copper, page-61

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04/08/24

17:35

Post #: 75064004
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Originally posted by Lurker99: ↑

My confidence level has been about the same for a few years now. Obviously last week rocked that a bit, seeing the massive market reaction to what were fundamentally results that were to be expected.

The Copper is high grade at antler, the question is whether it is enough to fulfill NWC's desire to take this right through to production.
As was said on the forum last week, you need to ask why a company with a high-grade copper resource, good access and Utilites/facilities/location to build the mine, money in the bank and plenty of drilling happening is getting demolished in a Copper bull market.

Is the drilling a play to firm up the tonnage in the event Antler doesn't come through enough or is it just exploring favorable locations because they are an exploration company?

The conversation I had with Mike was about the methodology and thinking behind the business decisions to communicate and market the way they do, releasing huge volumes of info and multiple announcements on one day as opposed to regularly.

Presuming the other party to the conversation (Mike) is ok with it, I'm happy to copy/past the email here and you can see for yourselves.

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As long as he hasnt said anything that will effect the market, your good to go

NWC Price at posting: 1.9¢ Sentiment: Buy Disclosure: Held
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Last 1.9¢		Change -0.002(9.52%)		Mkt cap ! $53.94M

Open	High	Low	Value	Volume
2.0¢	2.1¢	1.9¢	$293.6K	14.72M

Buyers (Bids)

No.	Vol.	Price($)
10	3797072	1.9¢

Sellers (Offers)

Price($)	Vol.	No.
2.0¢	2151490	5

View Market Depth

No.	Vol.	Price($)
8	2697072	0.019
10	2002805	0.018
11	1248838	0.017
7	498937	0.016
2	510000	0.015

Price($)	Vol.	No.
0.020	2151490	5
0.021	695339	3
0.022	2027857	5
0.023	1098833	3
0.024	1175000	3

Last trade - 16.10pm 02/08/2024 (20 minute delay)

NWC (ASX) Chart

Ann: Recent Drilling Intersects High-Grade Copper, page-61

GreenX picks up prospective copper project in Germany

Venture to sniff out high-grade REE targets at Jupiter project, WA

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Is oil undervalued?

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Westgold sets its sights on top five producer status through merger with Karora

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Recent Drilling Intersects High-Grade Copper, page-61

Top Stories

GreenX picks up prospective copper project in Germany

Venture to sniff out high-grade REE targets at Jupiter project, WA

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Is oil undervalued?

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Westgold sets its sights on top five producer status through merger with Karora

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News