EV/Resource oz Au peer average is A$174oz NWR is trading at ~ A$17oz Price 0.088, should be 0.80 for current JORC resource. 141M shares fully diluted. $5M cash and shallow drill results imminent which WILL be a company maker if positive.
The results will prove the vaibility and model on open pit extraction which will be the catalyst to deeper extraction and more importantly a re-rating of note.
Get on board if you like the risk/reward and unbelievable upside potential.
Last cherry on the cake, they have antimony too!
Do your own research and no trading advice.
NWR Price at posting:
8.8¢ Sentiment: Buy Disclosure: Held
