WPG wpg resources ltd
Add to My Watchlist 0.00% ! 1.5¢

Why so cheap?, page-4

  1. chris1983
    13,667 Posts.
    lightbulb Created with Sketch. 1291
    clock Created with Sketch.
    24/07/16
    14:35
    Post #: 18348478
    Yes it relates to reserves and mine life. They know there is gold there. At the current AUD gold price the companies earnings will be solid. Fully diluted market cap of 46 million? Way too cheap.

    IMO a 3 fold gain for current holders presents itself based off my estimates with earnings. I think at a minimum she will double if management can show the market the mine can produce within a manageable AISC level.
    Last edited by chris1983: 24/07/16
    WPG Price at posting: 8.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS MTM Successful Uplisting Commences Trading on OTCQX Market in US
right-arrow Created with Sketch.
NEWS More Outstanding Gallium Assay Results for Nimy at Block 3
right-arrow Created with Sketch.
NEWS R&D Tax Refund of $5.8M Received by Imugene to Support Clinical Development
right-arrow Created with Sketch.
NEWS Paris Gold Project Drilling Underway Testing High-Grade Zones
right-arrow Created with Sketch.
NEWS Drilling Commences at Leinster South Project in WA
right-arrow Created with Sketch.
NEWS Austral Resources to Acquire Rocklands to Transform North-West Queensland Copper
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.