NWC 2.50% 2.0¢ new world resources limited

Ann: Very High-Grade Copper Mineralisation at Antler and Javelin, page-6

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  1. 1,598 Posts.
    lightbulb Created with Sketch. 347
    Javelin results are irrelevant. If the deposit is not going increase in thickness and strike then who cares?

    Antler results are neutral...133 and 134 add metal, 131 and 135 reduce metal.

    Me, I'd rather have shares in a company producing copper but these guys are just flogging around hoping for copper price hikes and a takeover. While the flogging continues our money is being spent ineffectually.

    In four years from July 2020 to the dawdling PFS of July 2024, the start of production has been pushed out five years!!!

    Given the above and the delay in publishing the PFS why should one have any faith in the PFS prediction of production starting in 2027???



    This from July 2020...

    https://hotcopper.com.au/data/attachments/6411/6411913-b609c77fed0443f8713f09c2dc8b93f7.jpg


    These from July 2024...

    https://hotcopper.com.au/data/attachments/6411/6411930-cd2472358e1916c03d353db4c6bb5709.jpg

    https://hotcopper.com.au/data/attachments/6411/6411942-1c46ed5f500a88ca6079d4ec79a7b9ee.jpg


 
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