plenty value left

Hi everyone,

Well all I can say is let NWR keep on drilling and prove up their reserves because they have the goods, just have to get them into reserves.

Just have a look at the antimony 5000t @ US$1800 gives us already A$8million (current price is US$5000t)

NWR Mcap 14 million
take away the antimony credits of 8 million
gives us 6 million :250 000 oz of gold reserves

gives us a price of A$24 per oz of gold in the ground

So imho NWR is still cheap as chips just has to keep on increasing their resources into reserves.

jojo