That's just today's price Loop, with more drilling & exploration on the cards.
162,000 tons x $30,000 ton = $4.9 billion. The current MC is $90 million. Our resource base could expand over the next year with more drilling.
Projects | Widgie Nickel
WIN plans to go online at the end of 2023. Where's the nickel price going to be in 18 months? It's hard not to get excited about this stock, I'm kicking myself for not taking a bigger slice when she was spun out of NMT.
Even sitting at $30,000, it's still sitting a long way off its highs in 2008 of $50,000 a ton.
The team is also looking to unlock other by-products from the same ground. You can see the upside potential here.
WIDGIE NICKEL LIMITED (ASX:WIN) - Ann: Diamond Drilling Commences, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
WIDGIE NICKEL LIMITED (ASX:WIN) - Widgie Nickel LTD, 59245776, page-280 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
WIDGIE NICKEL LIMITED (ASX:WIN) - Widgie Nickel LTD, 59238895, page-279 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
That's just today's price Loop, with more drilling & exploration...
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Last
2.1¢ |
Change
-0.001(4.55%) |
Mkt cap ! $9.997M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.2¢ | 2.1¢ | $41.81K | 1.975M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 899691 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 300000 | 1 |
View Market Depth
| Last trade - 14.19pm 14/11/2024 (20 minute delay) ? |
| WIN (ASX) Chart |