Good morning fellow investors! It's nice to be back
It's been awhile since my last post here in March. In the meantime, I've been keeping tabs on WFE's progress and I have to say I am ever more excited with each passing announcement. The clues have been there all along for those willing to do some detective work and all point towards WFE becoming a significant near-term cobalt producer soon. Even a comparison of recent announcements below is enough to make one excited!
This:
Then this:
Then this:
Hmm...
Notice the story emerging. The dealmaker homes in...
Artisanal Mining? Child labour? Merger with gold and lithium co? ASX investigation? Rod Sainty?? What utter noise. There's been so many nonsensical remarks made it never stops to amaze me what some posters continue to come up with when the announcements have been pointing otherwise.
I have held WFE for more than a year now, participating in the rights issues and witnessing the significant management changes and I continue to be very pleased and amazed by how far Jason and Co. have come in their ongoing efforts towards forging WFE into a significant Cobalt producer. Watching the story unfold has been truly breath-taking. As is watching my holding grow to almost half a million and I intend on holding it till it's worth multi-millions! That is how much potential I see! For many reasons
"
"
Many fantastic posters like
@kcheers ,
@insaf ,
@vicariously I &
@apkjm and others have alluded to WFE's potential much better than I can. I will re-iterate what's been discussed to oblivion already:
1. Cobalt Demand surging due to EVs with no near-term viable substitute.
2. Cobalt Prices at multi-year highs due to increasing fundamental demand.
3. Fantastic Cobalt Grades to be had in the DRC. ~1-3%.
4. Nothing beats the DRC for Cobalt. Not Namibia. No other. Jason tweeted:"DRC is a geological freak."
5. Airguide and Jason at the helm, bringing crucial contacts and sticky strong-hand investors.
6. Fantastic and Growing management A-Team with Tom Durr (future production very soon?).
7. If all works out as planned, WFE will be the only ASX-listed near-term pure Cobalt producer!
8. Once leap-frogged to production, even a $200million market cap will be laughably cheap!
For every single successful company, you have hundreds upon hundreds of company failures. What separates the successful ones from the failures? 99% of the time, I say it's management! At this end of the market, management matters, alot. Bring in duds and they be burning cash, but bring in quality management with a proven record and you're in for a ride! I am confident management will succeed.
If WFE continues to execute as planned, WFE will be the only ASX-listed pure cobalt producer at the right place, the right time with the right management. We'll literally leave all Cobalt explorers like CLQ, AUZ, or CLA in the dust!
WFE still makes up more than 50% of my portfolio. I am still holding ~1.0% of shares here and I have not sold a single share. Why? Because I believe this is only the beginning and we are on the cusp of a major opportunity to be the leading Cobalt Producer on the ASX. If indeed Jason manages to pull this off, I truly believe it is more than likely we shall see a multi-bagger re-rate! No one's getting my shares for cheap! Not least the trolls!
I think it is not late to join in for all those who are still sitting on the sidelines, even as WFE is re-instated. You could've bought in at 0.002 but then it was priced as a failure Co with Alex Alexander and mates at the helm. You could've bought in at 0.003-0.005 with the appointment of Jason but nothing mentioned about the DRC direction that we're sure of now. You could've bought in at 0.015-0.024 right after Airguide and ML got onboard but without knowledge of the acquisition. And now, you have a chance to buy in at open, right-away after the significant acquisitions are revealed, before the company is likely headed imo for a re-rate!
As always, Your Risk, Your Reward. Best wishes fellow investors, looking forward to the new fiscal year! Live long and prosper!
#Ethical #Cobalt #Supply Can $WFE @JBrewerMining achieve the unthinkable and become a Near Term #Ethical #Cobalt #Producer The ability of good management to think outside the box could save Shareholders Years on there investments
