Looks like an interesting project at Antler, with the economics to succeed even in a copper bear market.
Financing is the big hurdle however, and as with most of the ASX juniors, the market has fulfilled its own fears by making the equity almost worthless, and difficult to raise the equity portion.
If company was travelling at normal valuation levels (i.e. not extreme bearishness we are in at the moment) equity could be raised and project could be financed. Hopefully by the time DFS is finished the market has come back to its senses and this will be a sweet project, with expanded resources.
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new world resources limited
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Looks like an interesting project at Antler, with the economics...
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Last
6.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $239.5M |
Open | High | Low | Value | Volume |
6.7¢ | 6.8¢ | 6.7¢ | $1.555M | 23.21M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 160867357 | 6.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.8¢ | 34574746 | 45 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 160867357 | 0.067 |
7 | 91745631 | 0.066 |
3 | 1353846 | 0.065 |
1 | 10000 | 0.064 |
3 | 357384 | 0.063 |
Price($) | Vol. | No. |
---|---|---|
0.068 | 34244746 | 43 |
0.069 | 1185518 | 12 |
0.070 | 493800 | 7 |
0.072 | 281391 | 1 |
0.075 | 117560 | 2 |
Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
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