" I am sure that many DFS reports that come out will have a price for SC6% of at least US$1500 as a long term assumption.
That would make WR1 a viable project."
And that is exctly the point!
Current gold price is about US$ 2000.
If a write DFS studies of 150% of the current spot, ie US$ 3000 how many of the gold juniors will have a viable project? Most I guess.
What makes it more acceptable for lithium juniors that gold juniors to use a mine lifecycle commodity price that is higher than current spot? What banker will even think about that?
" I am sure that many DFS reports that come out will have a...
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Last
75.0¢ |
Change
0.010(1.35%) |
Mkt cap ! $161.3M | |||
| Open | High | Low | Value | Volume |
| 74.5¢ | 78.5¢ | 74.5¢ | $569.8K | 746.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 23089 | 75.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 77.0¢ | 3571 | 1 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| WR1 (ASX) Chart |