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5.26%

2.0¢ new world resources limited

Mate, I hope you were not drunk when writing up this. @ $3 SP...

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Fangk

2,598 Posts.

309

12/09/24

10:21

Post #: 75641081
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Originally posted by Deonp: ↑

in my opinion the current share price is a reflection of the limited understanding - or lack of trust in the company.

always with the intention of pushing to production NWC are drilling to expand the existing.

what will she share price be when the company is paying a dividend? I still feel it would be $3+. (Based on similar sized producers)

Onlookers with an eye out for a huge deposit will miss the point.

any good shallow additions are more than acceptable.

overcoming the hurdles to production will create REAL share price growth instead of sentiment based fluctuations.

until there is a customer for the material the share price will be a bumpy ride - unless they hit something massive - then ..our investments mature early.

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Mate, I hope you were not drunk when writing up this. @ $3 SP NWC MC would be $8.5b+. SFR is under $4b at the moment.

NWC has been super slow in progress anything (fingers crossed under new CEO things changing to the better way), lack of successful exploration and horrific dilution (almost double SOI in 2 years). New leadership needs to earn their respect then we all get redemption.

NWC Price at posting: 1.8¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 2.0¢		Change 0.001(5.26%)		Mkt cap ! $56.80M

Open	High	Low	Value	Volume
1.9¢	2.0¢	1.9¢	$59.95K	3.000M

Buyers (Bids)

No.	Vol.	Price($)
6	2612847	1.9¢

Sellers (Offers)

Price($)	Vol.	No.
2.0¢	15203	1

View Market Depth

No.	Vol.	Price($)
5	2112847	0.019
5	1750000	0.018
5	3718235	0.017
8	1931111	0.016
1	35000	0.015

Price($)	Vol.	No.
0.020	15203	1
0.021	882000	4
0.022	2640023	6
0.023	879711	6
0.024	2081708	6

Last trade - 14.41pm 18/11/2024 (20 minute delay)

NWC (ASX) Chart