It's only a (short term) automatical analysis on these website.
Done by computer other than brokers, but for the short-term trading, it is more reliable than the broker's suggestion.
it is not suitable for lone term holder. I know what happened to VPG, actually the shareholders were too greedy. The computer recommend a "strong buy', when SP was 4C, but they traded the shares up to 12c.
As for NWR, it only has 130 million shares on issue (can be a buying target anytime), the only problem is the uncertainty of lowerside reserve, although they got a very positive result already.(2.5m at 146g/t).
NWR has an plant with capability to mine up to 10000t/a, so it has aother plan to mine the upperside at 30000 ounce/year. This is achieveable and profitable at current gold price level.
AUD is so low, I think NWR can finally find a investor from overseas, other than a partner.
NWR Price at posting:
6.6¢ Sentiment: Buy Disclosure: Held
