WSA western areas limited
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what can stop this stock, page-8

  1. entropylord
    14,176 Posts.
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    04/04/08
    20:20
    Post #: 3549879
    Mike,

    Your numbers are pure fantasy. So many aspects neglected.

    WSA costs are a lot more than the 2.50/lb projected cash mining costs. Capital costs, corporate costs, smelting and refining charges are all extra. For some companies smelting and refining can take 25 to 30% of revenue.

    Also the 2.50 "might" eventuate for Flying Fox (or Spotted Quoll), but not likely for Diggers etc.

    EL
    WSA Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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