DavidSpades,
If we are talking about cash and cash equivalents / convertibles,
They also have a tick over $5m in shares in listed entities - TGN, EMT.
There's the royalty of $2/tonne which could be sold fairly readily I would have thought.
There is the interest in Hatches Ck Tungsten which, while subject to a farm in could bring in some extra cash too even if not immediately able to be monetised.
It's not much of a stretch at all to say there's a cash backing here of something like $65m. Quick math means basically 20c a share unless I've gotten something completely wrong.
Transparency - I increased my position today.
GWR Valuation, page-3
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Last
9.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $30.51M | |||
| Open | High | Low | Value | Volume |
| 9.1¢ | 9.5¢ | 9.1¢ | $7.945K | 86.72K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 17025 | 9.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 26315 | 1 |
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| Last trade - 11.13am 24/05/2024 (20 minute delay) ? |
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Last
9.2¢ |
Change
0.000 ( 8.00 %) |
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| Open | High | Low | Volume | ||
| 9.2¢ | 9.2¢ | 9.2¢ | 8893 | ||
| Last updated 10.56am 24/05/2024 ? | |||||
| GWR (ASX) Chart |