WRM and TMZ have a JV at Mt Carrington on development
TMZ just sold Texas mine and made a profit.
WRM have substantial assets with $6B in situ at Mt Carrington ($1B) and Alaska ($5B).
Of course in situ is not the best way to value these assets.
There was an independent valuation by GSA, valued WRM at $0.43 based on the likely re-sale of the mines they have EL, and ML's on. Report is in company announcements I believe 2021.
WRM Price at posting:
6.3¢ Sentiment: Buy Disclosure: Held
