Just a reminder that NWE's 20% stake was bought for circa 500m$ AU @ 7.4c , which already values an undevelopped field at 2.5bn$ AU.
Expecting 10-20 times that would value that discovery at 25-50bn$ AU before any financing risks, execution risks, subsequent exploration risks etc.
While the drop in SP is probably annoying, maybe expecting that sort of growth, in a market very unfriendly to explorers trying to transition to developpers, wasn't very reasonable either ?
Just a reminder that NWE's 20% stake was bought for circa 500m$...
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MIN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$38.33 |
Change
0.310(0.82%) |
Mkt cap ! $7.532B | |||
| Open | High | Low | Value | Volume |
| $38.03 | $39.10 | $37.06 | $113.0M | 2.956M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $38.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $38.35 | 1500 | 1 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| MIN (ASX) Chart |