Not wishful at all. Rewind back to the Far East Capital weekly (http://www.fareastcapital.com.au/imagesDB/newsletter/WeeklyComm8August2020.pdf) that triggered a lot of interest in WWI. Warwick's calculation had the valuation of the resource at the time (i.e. WWI's stake of K9A before it was revised to 4.37Moz), at 33c per share, just on MR alone. Plus this valuation was in the absence of the outcome of the Shango Solutions work which will further improve the profile.
So you're not off at all. It's just a matter of when and calls for some patience.
THE 4 MILLION OUNCE BET, page-6042
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Last
1.4¢ |
Change
-0.001(6.67%) |
Mkt cap ! $35.58M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.4¢ | $32.62K | 2.330M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 597620 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 2851881 | 5 |
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| Last trade - 14.23pm 09/09/2024 (20 minute delay) ? |
| WWI (ASX) Chart |