That would be very nice but $6 is Impossible with these idiots in charge.
They are talking about floating a new company for all non iron ore assets, This will only leave GWR with the iron ore ,well about half of it at most after they must give 75 mill tones to Valin @ Yijian .
They seek shareholder approval for this new company and may give a couple of shares to get you on side.
But as for GWR reaching $6 We have 70 mill tones at most with a huge amount of obstacles including No port No rail yet, No Mining agreement with Native title and Aboriginal Heritage as there are Martu and Yamatji families living on the area to be mined. And a shit load of cash to be spent over the 15 year proposed mine. Do the math minus all cost incurred I gave a generous $5 per tone.
$5 times 70 mill tones =$350,000,000 And 233,734,122 shares =$1.44
Keep in mind thats 15 years worth of profit.
So when these crooks try too offer a couple of shares for all the non iron ore assets in GWR be very careful.
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Last
8.6¢ |
Change
-0.002(2.27%) |
Mkt cap ! $26.33M |
Open | High | Low | Value | Volume |
8.6¢ | 8.6¢ | 8.6¢ | $1.591K | 18.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 8984 | 8.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.9¢ | 17716 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2216 | 0.100 |
1 | 40000 | 0.099 |
1 | 10000 | 0.098 |
1 | 7402 | 0.074 |
1 | 300000 | 0.035 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 60000 | 1 |
0.115 | 20000 | 1 |
0.120 | 6795 | 1 |
0.130 | 33334 | 1 |
0.140 | 16000 | 1 |
Last trade - 10.04am 29/11/2024 (20 minute delay) ? |
GWR (ASX) Chart |