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Why GWR Passed on a Near-Term Revenue Acquisition Despite $37M Cash
7:02am on Thursday 30th of October, 2025 AEDT
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Mining
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Why GWR Passed on a Near-Term Revenue Acquisition Despite $37M Cash
7:02am on Thursday 30th of October, 2025 AEDT
Key Points
Prospect Ridge Magnesite Project development ongoing with drilling and metallurgical work
Cash reserves stand at $37.4 million, supporting financial strength
Strategic investment in Tungsten Mining NL valued at $14.7 million amid rising tungsten prices
Royalty income from Wiluna West Iron Ore and Gold Duke Gold projects continues
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