imo I have WSA at .52¢ cash backing with profits going backwards as Ni continues its dive. With such a large spend expected for the future production im struggling to understand why this is above the $1.50 line.
The shorts had this right IMO. WSA should look at buying/ developing a different commodity . For instance they could takeover RVR as they have a Zinc/gold mine and near term production.
sitting on this cash is a waste !
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Another $26m in cash coming, page-19
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