I’m getting a good feeling about this stock …. You have to wonder why it is not currently valued at $100 million
a couple of things to consider
1) there is a strong chance that no drilling or minimal drilling will provide a JORC
2) tungsten used in nuclear plants and niobium tungsten oxide batteries …… just think wa1 which is $1 billion market cap in two years. The grades of tungsten here are about 10* the cut off grade used to calculate JORC resources. The picture below outlines that the company expects the deposit to be high grade compared to current producers and current global deposits. Think Wa1 high grades and under $50 million cap.
3) lab results are giving higher assays compared to the xrf testing
4) the east dominate the supply so just like antimony and lithium and niobium , the west desperately need supply
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- ASX - By Stock
- Ann: Tungsten Discovery at Western Queen Confirmed
I’m getting a good feeling about this stock …. You have to...
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Last
3.8¢ |
Change
-0.002(5.00%) |
Mkt cap ! $28.74M |
Open | High | Low | Value | Volume |
3.9¢ | 3.9¢ | 3.8¢ | $14.11K | 370.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 109933 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 351974 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 109933 | 0.038 |
1 | 100000 | 0.037 |
3 | 320000 | 0.036 |
4 | 1035324 | 0.035 |
1 | 300000 | 0.034 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 351974 | 2 |
0.041 | 990157 | 7 |
0.042 | 364246 | 2 |
0.043 | 277010 | 3 |
0.044 | 355000 | 2 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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RTR (ASX) Chart |