NWR 0.00% 0.6¢ northwest resources limited

Like the look of this one.130m on issue10m MC at 8c5m cash5m EV...

  1. 12,503 Posts.
    Like the look of this one.

    130m on issue

    10m MC at 8c

    5m cash

    5m EV for JORC 300k oz Au @20.2g/t

    plus the sexy part

    JORC 7150t antimony at 1.5% Sb.

    I heard that stuff is getting rare

    China controlling 80%, cutting expport quote, shutting mines etc.

    Volume too, results due.

    EV/JORC resource oz = 16.67!

    May need to expand resource to justify CAPEX?

    but having Antimony as by product surely adds to the economics?

    Am I missing something here?

    Why is this one so cheap?

    Appreciate if anyone can share their view.
 
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