Gold price is pulled back now. Let's see how it goes tomorrow. Unlike giant gold stocks who has been producing gold, WWI showed a very weak correlation with gold price in the past a few days, likely because it has not produced any gold and thus cannot be valued by short-term gold price.
Thinking of gold production in the next 3-5 years, from 8000oz in 2022 to 80000oz in 2026, about 60% annual revenue & earning growth. Are there many better deals than this in ASX? I cannot find one and believe the price will follow eventually. At the moment, we really need some encouraging updates about early production to start up. Cash is already under the ground, just need some time to take it to the account.
Gold price is pulled back now. Let's see how it goes tomorrow....
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Last
1.4¢ |
Change
-0.001(6.67%) |
Mkt cap ! $35.58M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.5¢ | 1.4¢ | $14.70K | 1.040M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 212548 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 851515 | 3 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| WWI (ASX) Chart |