I knew the storyline well before buying in but christ Mike Haynes presents well. He almost convinced me to sell a limb to help the cause. Tier 1 jurisdiction with brilliant existing infrastructure (20km from rail, with road already built), historical grades more than impressive at 5%+, mineralisation from depth, yet historical grades are likely not the best parts of the deposit. The IP charge (pink bits) indicate immediately south are far better with immediate visualisation confirming this with grades to confirm in due weeks.
Such an aggressive campaign with 3 drill rigs, and a timeline to produce by 2022-23 makes me salivate. With electric vehicles evidently being pumped under a Biden govt. copper stores worldwide depleting rapidly and copper price at ridiculous prices - this is a matter of right jurisdiction, right management at the right time.............to top up on NWC shares as they secure future funding to move this forward as is undoubtedly happening. Seeing the price rocket to 6c with pace just this week on no news, and dip in SP today on low volumes is a traders dream for an entry point.
Having said that, with such an aggressive campaign, continuous news flow that is so profoundly de-risked with historical grades and infrastructure, you'd be stupid to treat it as anything other than a long term investment.
Will be topping up for as long as stop-losses are triggered and manipulation occurs in this funding interim. Shame on me for not watching the RRS presentation earlier.
I'd report myself for ramping but the above is fact. DYOR
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Last
2.7¢ |
Change
-0.001(3.57%) |
Mkt cap ! $76.56M |
Open | High | Low | Value | Volume |
2.8¢ | 2.8¢ | 2.6¢ | $125.6K | 4.700M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 1244659 | 2.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.7¢ | 1215857 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 1194659 | 0.026 |
13 | 3368000 | 0.025 |
2 | 1530000 | 0.024 |
3 | 65468 | 0.023 |
1 | 135000 | 0.022 |
Price($) | Vol. | No. |
---|---|---|
0.027 | 1027630 | 4 |
0.028 | 1191800 | 3 |
0.029 | 171147 | 1 |
0.030 | 1102721 | 5 |
0.031 | 690000 | 2 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
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NWC (ASX) Chart |