WPI west peak iron limited

Ann: Drilling commences at Bomi South Liberia , page-2

  1. 7,454 Posts.
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    Looking forward to seeing what this drill program uncovers.

    Area 1 has en exploration target of 60Mt at 20-65%Fe and 165Mt at 20-40%Fe and Area 7 has an exploration target of 35Mt at 20-65%Fe and 190Mt at 20-40%Fe.

    If they can uncover a decent amount of DSO in this drill program, then there should be more confidence in the DSO targets at Areas 2-6.

    If good results are released, then the current market cap of $4.5million including $1.83m cash will look pretty cheap.
 
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