It surely has to be a near certainty that a company in a Tier 1 jurisdiction with a 100Mt resource could not stay at a $2-300M MC for long. Either the market would rerate the stock or a larger fish would buy it out. Yes the spod price is low at present but market dynamics of supply and demand will inevitably rerate that as well in due course. So for me there's little to be concerned about in the medium term because I'm quite sure we'll be posting a 100Mt resource later this year.
It surely has to be a near certainty that a company in a Tier 1...
-
- There are more pages in this discussion • 7,386 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WR1 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
70.0¢ |
Change
0.020(2.94%) |
Mkt cap ! $151.4M | |||
| Open | High | Low | Value | Volume |
| 68.0¢ | 70.0¢ | 67.0¢ | $265.3K | 388.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6045 | 68.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 70.0¢ | 598 | 1 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| WR1 (ASX) Chart |