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Added to YB: 2026-07-27

Pitch date: 2026-07-22

GWR.AX [neutral]

GWR Group Limited

Author Info

Raper Capital has 20+ years of buy- and sell-side experience in a variety of roles, and currently manage my single family office, Raper Capital Sign up for the newsletter.

Company Info

GWR Group Limited explores for, evaluates, and develops mining projects in Australia. The company explores for magnesite, tungsten, and gold deposits.

Market Cap

AUD 35.8M

Pitch Price

N/A

Price Target

N/A

Dividend

N/A

EV/EBITDA

0.14

P/E

-56.24

EV/Sales

-0.21

Sector

Metals and Mining

Category

special_situation

Show full summary:
GWR and some more thoughts on regulatory levers in small-cap deep value

GWR.AX: Perth cash box at 10.5c vs ~24-25c conservative SOTP (11.3c cash + 12c TGN tungsten stake). Trades ~41c on dollar. Thesis: ~48% opaque custodian block shows strong indicia of undisclosed Malaysian association (director-owned 'independent' 10% holder). Takeovers Panel divestment/bid/buyback lever forces payout. Risks: high proof bar, slow relief, malinvestment, TGN volatility, illiquidity. Small position.

Read full article (12 min)