SBL, the MLX holding in WGR (currently about 25%, I think)could be in play.
However, rather than RMS just taking a stake in WGR, I would prefer to see a straight-out purchase of their Murchison assets (the old Fulcrum tenements, before AAG came on the scene?).
That would give WGR some much-needed cash to develop Rover, as you suggested, and leave RMS free to develop their position in the Murchison without the constraints of a JV.
Mike
SBL, the MLX holding in WGR (currently about 25%, I think)could...
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Last
$2.19 |
Change
0.080(3.79%) |
Mkt cap ! $2.497B | |||
| Open | High | Low | Value | Volume |
| $2.11 | $2.20 | $2.10 | $7.680M | 3.563M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 63 | 185883 | $2.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.19 | 72183 | 42 |
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| Last trade - 15.04pm 29/08/2024 (20 minute delay) ? |
| RMS (ASX) Chart |