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GWR Advances Major WA Deal Amid $53.6M Cash and Strategic Tungsten Bet
8:22am on Monday 17th of February, 2025 AEDT
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Mining
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GWR Advances Major WA Deal Amid $53.6M Cash and Strategic Tungsten Bet
8:22am on Monday 17th of February, 2025 AEDT
Key Points
GWR holds $53.6 million in cash and ASX-listed investments with zero debt
Non-binding indicative offer submitted for a significant Western Australian transaction
Focus on advanced projects across multiple commodities including gold, copper, and rare earths
Strong conviction in tungsten market supported by Chinese export restrictions
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