Well said Macklemore. Araxa is a truly world class deposit and Luni is not up to the match of Araxa, in terms of scale and grade yet, but it is growing rapidly, keeping in mind we have P2 as well that will also grow.
We are currently smaller than Araxa but we are not insignificant, and not in anyway deserved to be valued at just 2.5% of Araxa.
Thats akin to a nice, say 6x4 house in Mosman Park on the market selling for $10m. But a 3x2 house just down the road selling for $250k (2.5% of the 6x4 house), in Mosman Park. Does that make any sense?
Just my weekend take… truly believe this is undervalued. Not financial advice!
Ann: West Arunta Project - Luni Assay Results, page-437
Add WA1 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$13.27 |
Change
0.250(1.92%) |
Mkt cap ! $898.5M | |||
| Open | High | Low | Value | Volume |
| $13.23 | $13.56 | $13.15 | $2.387M | 179.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10 | $13.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.27 | 2821 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| WA1 (ASX) Chart |