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49.0¢ wildcat resources limited

Just want to add PLS is making lots of money with their average...

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Cosmoterios

18,269 Posts.

2603

05/03/24

13:13

Post #: 72751133
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Originally posted by Cosmoterios: ↑

If you have been following, WC8 average has always been around 1%. Btw, PLS average is only 1.1%.

At the end of the day, the grades are fine - its way above the industry cut-off point of 0.5%.

As long as its near surface, and exists in abundance near surface, where it can be extracted via open pit, then it should be more than economical.

WC8 via LEIA, has more than 3km of it, and has more pegmatites in clusters around LEIA.

That makes it economical for open pit mining.

That is the bottom line.

We are here to make money, but not to win the award for the highest grade, yet only found in the deepest part of the crust.

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Just want to add PLS is making lots of money with their average of 1.1%.

So why couldn't WC8 make money at average of 1%???

WC8 Price at posting: 68.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 49.0¢		Change 0.000(0.00%)		Mkt cap ! $597.2M

Open	High	Low	Value	Volume
49.0¢	50.0¢	47.5¢	$1.042M	2.143M

Buyers (Bids)

No.	Vol.	Price($)
5	12019	49.0¢

Sellers (Offers)

Price($)	Vol.	No.
49.5¢	45035	18

View Market Depth

No.	Vol.	Price($)
7	19342	0.490
14	70580	0.485
12	97254	0.480
9	73376	0.475
8	438574	0.470

Price($)	Vol.	No.
0.495	45035	18
0.500	93339	14
0.505	116948	5
0.510	42461	5
0.515	351372	5

Last trade - 15.37pm 24/05/2024 (20 minute delay)


Last 50.0¢			Change 0.000 ( 2.04 %)
Open	High		Low	Volume
48.5¢	50.5¢		47.5¢	747742
Last updated 15.59pm 24/05/2024 ?

WC8 (ASX) Chart