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2.35% 8.3¢ gwr group limited

GWR have a gold resource of 258000 oz at Wiluna refer their Dec...

  1. gazzah
    348 Posts.
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    12/02/16
    16:06
    Post #: 17007248
    GWR have a gold resource of 258000 oz at Wiluna refer their Dec 15 quarterly.
    On to days gold price in excess of Aus $1700 per oz and say net profit after mining and processing is $600 per oz on 80% recovery this equates to $ 123 million to a company that has $11 mil in the bank and 258 mil shares on issue and trades at 3.5 cents for a total company cap of $7.7 mil. What is wrong with this company.
    GWR Price at posting: 3.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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8.5¢ 8.5¢ 8.3¢ $16.21K 191.0K

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