WTM 14.3% 12.0¢ waratah minerals limited

It’s been a surprising ride so far how fast did it go from 1c to...

  1. 1,362 Posts.
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    It’s been a surprising ride so far
    how fast did it go from 1c to 3 c ... crazy
    I’ve held since 2017!- seen the ups and downs
    initially bought at 11 c because I saw a write up in the courier mail ... knowing little about graphite
    saw it go back to 6c ... heaps of cap raises
    then back to 10c when the finance was arranged and graphite was raging in 2018 ... remember Syr went to 4 dollars ... now 50 c ... yes I have that stock too
    finance fell through ... graphite was on the nose ... COVID and it sunk to . 4 c ... ... I gave up on this stock and it was in the undie draw ...it hit rock bottom
    All though the time i owned bat I bought large chunks thinkingbuying loaded
    that fundamentals would win out in time
    I wasn’t that as well I became very educated on
    battery technology and understood that you need 25 kg of graphite in each battery to 1 kg of lithium
    that told me one thing
    these electric car producers are going to need a lot of graphite ... here’s the thing bat and syr have the good spirical graphite ... high quality stuff ... so I started
    buying loads of it ... so when it goes up above 10 c and goes up .5 c I will clean up ... then they buy this gold tenement which was a master stoke ... the cream
    let’s say from when I bought my first chunk at 11 c three years ago ... I would not believe that when my average became 2.7 c
    and it crossed 2.7!c today I was a very happy lad and for ... every .1 of a cent over 2.7 I am eternally
    grateful for my patience and persistence with with
    battery resources
    I will say it once and say it again ... fundamentals
    will always win out over time ... just have to believe

    yes onwards and upwards from here
    personally if you are prepared to see this to 2028!
    graphites intrinsic value has not even been considered in this run
    it’s all gold uphoria as far as I can see
    personally the true value is the graphite for this
    stock ... give it time ... the financiers will be lining up
    to fund the pending plant ... remember that is all that needs to be built ... all the ground work is done
    it seems for bat holders ...shit just got interesting
    good luck holders ... resistance was 2.3 c ... blasted through that ... next is 6.6 c where the finance got pulled

    pushes beyond 6c
    castles in the sky people

 
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