I see it differently for explorers with top MRE and good resource upgrade upside.
LRS - 45 MRE got them 1bmc a few months back and now around 500m mc.
PMET/PMT - 109 MT valued around 2b a few months back and not 1.3b mc
Both down from speculative high to now fairly valued for their respective MRE.
I think WR1 will be re rate to fairly valued for their MRE of 55mt or more. Plus there is strong upgrade upside after the MRE.
WR1 General Discussion, page-23613
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Last
70.0¢ |
Change
0.020(2.94%) |
Mkt cap ! $148.1M | |||
| Open | High | Low | Value | Volume |
| 68.0¢ | 70.0¢ | 67.0¢ | $245.8K | 360.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 15298 | 69.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 70.0¢ | 5680 | 2 |
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| Last trade - 15.39pm 16/07/2024 (20 minute delay) ? |
| WR1 (ASX) Chart |