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
Very good deal for SFR and WRM. Given WRM has JORC resources...
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Last
$10.27 |
Change
0.060(0.59%) |
Mkt cap ! $4.190B | |||
| Open | High | Low | Value | Volume |
| $10.31 | $10.42 | $10.18 | $14.51M | 1.416M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5465 | $10.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.29 | 2241 | 2 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| SFR (ASX) Chart |
