NWC new world resources limited

Aye F,anyone who understands about businesses as a going concern...

  1. 4,326 Posts.
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    Aye F,
    anyone who understands about businesses as a going concern (mining or other) would just look at the free cash flow numbers (not just EBITDA) generated here over the life of the project and understand this is a very viable project.

    Most of the asx is obsessed with grade and miss many great opportunities in porphyries etc.
    Minimum scale is what's needed and Antler has that in spades and growing. And as for grades, this is one of the best high grade polymetallic deposits on the ASX.

    If folks are worried about scale, there are other projects which are aiming at tier 1 scale but no one here ever alluded to that, pretty simple. What this does have is an economically robust self funding path to production, which means optionality, not just a hope and a prayer that someone will buy it out like a lot of larger projects.

    FCF shows it all, it's worth money and more importantly it's in a tier 1 jurisdiction which got even better post election.

    If folks go look at the quarterly and get past page 1 they'll see NWC has engaged with Congressman and Senators alike on both sides of the political fence, and they have and are making site visits. (PAGE 11 of the quarterly)

    This project is progressing nicely.
    We are just in the boring phase atm, that will change for the sector as Copper price gets some love in the next little while.
    Last edited by BaltasarG: 11/11/24
 
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