NWR 0.00% 0.6¢ northwest resources limited

stocks to watch, page-4

  1. 12,503 Posts.
    Like the look of this one.

    130m on issue

    10m MC at 8c

    5m cash

    5m EV for JORC 300k oz Au @20.2g/t

    plus the sexy part

    JORC 7150t antimony at 1.5% Sb.

    I heard that stuff is getting rare

    China controlling 80%, cutting expport quote, shutting mines etc.

    Volume too, results due.

    EV/JORC resource oz = 16.67!

    May need to expand resource to justify CAPEX?

    but having Antimony as by product surely adds to the economics?

    Am I missing something here?

    Why is this one so cheap?

    Appreciate if anyone can share their view.
 
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