NWC (I don't hold) appear to be doing ok after announcing an $11m NSR royalty today. I had a quick look appears they have a decent high grade resource of 11.4Mt @ 2.1% Cu, 5.0% Zn, 0.9% Pb, 32.9g/t Ag + 0.36g/t Au for 11.4Mt @ 4.1% Cu-equivalent, so a very different style of mineralisation compared to HCH.
So assuming base metals prices remain stable we can call that ~468 kt Cu.eq metal or 32.7 Kt Cu.eq over 12 years for a current MC of ~$73M as an estimate from CommSec
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$1.25 |
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Mkt cap ! $149.3M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2934 | $1.24 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.07 | 5027 | 1 |
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No. | Vol. | Price($) |
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1 | 2934 | 1.235 |
1 | 37 | 1.215 |
2 | 102000 | 1.200 |
1 | 100 | 1.165 |
2 | 2850 | 1.150 |
Price($) | Vol. | No. |
---|---|---|
1.070 | 5027 | 1 |
1.080 | 10000 | 1 |
1.090 | 38549 | 3 |
1.100 | 130000 | 2 |
1.140 | 30823 | 3 |
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