Very good deal for SFR and WRM. Given WRM has JORC resources over 9 million tons at 13% zinc equivalent (very high grade), IMHO this deal could easily double amount of resources. I cannot believe WRM is only $8 million company. Why don't SFR just buy the entire WRM now and get a bargain rather than spending $20m to get 51% of WRM's main project ($8 million market cap)? I'm excited about our Black Butts high grade copper which we purchased at USD 3c per pound. What a bargain. Now SFR is getting another bargain at WRM.
Good work
Ann: WRM: Joint Venture Agreement signed with Sandfire Resources, page-3
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Last
$10.24 |
Change
-0.035(0.34%) |
Mkt cap ! $4.190B | |||
| Open | High | Low | Value | Volume |
| $10.35 | $10.35 | $10.22 | $467.6K | 45.39K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 831 | $10.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.24 | 1223 | 12 |
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| Last trade - 10.39am 25/11/2024 (20 minute delay) ? |
| SFR (ASX) Chart |
