Yep! Not quite sure why this one hasn't gone nuts yet. Historical drilling shows a very large orebody. Ramelius are not interested in anything but large orebodies. This is exactly why they showed interest in it. First round of drilling confirmed it. Gold companies don't wait until all the drilling is done to see if it makes money. This WILL be a large mine and the exploration potential has not even be thought of yet. Let's say they define half a million ounces and WSR decide to retain their 25%. That's $125M profit if it costs $1500/t to mine and process. These guys can afford to sit back and do absolutely nothing - just wait for Ramelius to make them an offer (which they will - mad if they don't!). I hope they continue to explore though as some of the ground has good potential - which is why I'm in now.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.791M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 411428 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 1713512 | 4 |
View Market Depth
| Last trade - 16.21pm 09/09/2025 (20 minute delay) ? |
| WSR (ASX) Chart |
Day chart unavailable