Australian (ASX) Stock Market Forum

Joined
17 August 2006
Posts
6,108
Reactions
5,723
night => day; run-up => TH.
Yeah it often seems that way DF

They have around $8 mill left in the bank but they look to have some serious Copper to dig out of the ground

They will need plenty of cash to do that but it looks a nice deposit at a glance

At least they are raising at the right time after a healthy rise. VWAP should see the CR at around 10 cents at a guess
 

greggles

I'll be back!
Joined
28 July 2004
Posts
3,876
Reactions
3,320
After having been battered along with the rest of the small cap mining sector recently, NWC is showing signs of having bottomed at 3c, at least for now.

The Scoping Study Results for the Antler Copper Project in Arizona USA was announced early last week and "a potential pathway to a low-impact, modest-CAPEX, high-margin underground-mining development has been identified." A follow up PFS has already been commenced in order to further optimise project development. The PFS is expected to be completed by the end of Q1 2023.

Not making any claims about NWC other than support at 3c is holding and the company appears detemined to progress the Antler Project as quickly as possible. Worth keeping an eye on IMO.
 
Joined
3 May 2019
Posts
4,263
Reactions
5,903
Has closed the gap.
Where to from here?

Screenshot_20220809-215320.png
 
Top