WA8 warriedar resources limited

Hi Harry, I think this will answer your recent question about...

  1. 5,299 Posts.
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    Hi Harry, I think this will answer your recent question about what I attribute the recent gold stock price weakness to.
    General investor malaise and lack of confidence in golds near term ability to continue its march higher.

    The GDXJ outflows show how weak small cap gold stock investor sentiment is.
    https://hotcopper.com.au/data/attachments/7080/7080647-0e1951a81dd28bb67f4133e1a9b114d7.jpg

    In regard to Fosterville comp H, I think AB is being very honest when she suggests Fosterville is the closest geological analogue to our Ricciardo deposit. Importantly doubling the Ric drill rigs shows her actions are backing her rhetoric.
    Ric's upside potential will still there even if the VG turns out to be a red herring.
    I believe that today I have proven with my Murchison spreadsheet comp that we are comparatively undervalued based on our current mineral resource inventory.
    We know our mineral resource will very likely grow substantially on the back of this greatly expanded drill campaign.
    A larger resource would equal an even bigger peer value discrepancy comparable if our share price happened to continue to consolidate sideways.
    https://hotcopper.com.au/data/attachments/7080/7080665-8c6e714d0c49595135bd313eda53044a.jpg

    Last edited by Joelstar: Today, 16:01
 
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Last
13.0¢
Change
0.010(8.33%)
Mkt cap ! $147.2M
Open High Low Value Volume
12.0¢ 13.0¢ 12.0¢ $789.0K 6.379M

Buyers (Bids)

No. Vol. Price($)
7 457000 12.5¢
 

Sellers (Offers)

Price($) Vol. No.
13.0¢ 468506 1
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Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
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