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Craig Ferrier says the company is delighted with the purchase.

GWR sells Tungsten project in $8.7m deal

GWR Group has struck a deal to sell its Hatches Creek tungsten project in the Northern Territory to West Perth-based Tungsten Mining for $8.7 million cash.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/10/18

1 year TSR5 year TSR
19thTungsten Mining233%25%
94thHigh Peak Royalties55%-23%
98thOrecorp52%27%
492ndKey Petroleum-22%-6%
786thAruma Resources-68%-16%
744 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

26/07/18
$8.8m Issued
26/07/18
$8.8m Issued
26/07/18
$956k Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

192nd↑Key Petroleum$256k
193rd↓Aruma Resources$252k
194th↓Tungsten Mining$249k
195th↑High Peak Royalties$246k
196th↑Orecorp$244k
512 listed resources companies ranked by revenue.
Source: Morningstar

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