No. Just cant get the gold out as there isn't enough of it at the moment.
So the question is how much money to spend drilling it out?
After so many years, we could still be looking at another 2 years at this rate.
Unfortunately the industry cost of drilling is escalating far faster than the gold price thanks to all the gouging going on in the industry.
A gold bar in the hand is worth 10 in the reef.
Only chance of fresh interest in NWR is through exploration elsewhere or new JV's / projects.
They are cashed up, so with a bit of nous it shouldnt be a problem.
- Forums
- ASX - By Stock
- NWR
- how much is gold worth
how much is gold worth, page-2
-
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NWR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
NXD
NEXTED GROUP LIMITED
Nick Poll, Managing Director
Nick Poll
Managing Director
SPONSORED BY The Market Online