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
Hi everyone,Well all I can say is let NWR keep on drilling and...
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