Good analysis Cable.
I agree ,WC8 is overvalued.
Its low grade, but large volume maybe??
I don't think there is even a JORC compliant MRE yet?
What the mapping on their last announcement showed was near vertical seams,
so an underground mine is certain which increases the costs big time.
I think it's marginal, unless prices climb a lot.
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17.5¢ |
Change
-0.010(5.41%) |
Mkt cap ! $489.8M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 18.5¢ | 17.0¢ | $1.567M | 8.874M |
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| No. | Vol. | Price($) |
|---|---|---|
| 4 | 38727 | 17.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 319655 | 7 |
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