This is a ridiculous comparison, and if people are using this sort of crap and wondering why they arent valued closer to PMT need to rethink their investment research.
PMT used a pit constrained MRE, if they went by the same rules, PMTs deposit is more likely 3 times the size, and then theres the grade. 1.1% compared to 1.42% is a hell of a big difference.
Now with the MRE increase from both companies, very soon no doubt PMT will be closer to 200mt at 1.4% and maybe 250mt using a non pit constrained resource. WR1 maybe what? 80mt @ 1.1-1.2% at the most?
This is why PMT is valued 4 times higher then WR1, not to mention the land package potential between the 2 in regards to further potential.
Do i think WR1 is a buy? Yes, i think WR1 should be valued at 500mil and eventually 1bil, but i also think being valued 4 times cheaper then PMT should be a thing also.
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Last
58.5¢ |
Change
0.015(2.63%) |
Mkt cap ! $126.5M |
Open | High | Low | Value | Volume |
57.0¢ | 59.5¢ | 57.0¢ | $58.87K | 101.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 5839 | 57.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
58.5¢ | 8066 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 5839 | 0.575 |
5 | 36173 | 0.570 |
3 | 59243 | 0.565 |
3 | 56200 | 0.560 |
2 | 124696 | 0.555 |
Price($) | Vol. | No. |
---|---|---|
0.585 | 8066 | 3 |
0.590 | 27627 | 4 |
0.595 | 39850 | 5 |
0.600 | 46493 | 4 |
0.605 | 9200 | 2 |
Last trade - 10.42am 26/07/2024 (20 minute delay) ? |
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