WFE 0.00% 2.4¢ winmar resources limited

Ann: Winmar to seek Dual Listing on London Stock Exchange, page-113

  1. 8,823 Posts.
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    @Mutley8
    Why do you keep trying to avoid discussing the stock, the effect of the cobalt price collapsing on the fully diluted MC of $80m.
    The simple announcement by another company that is ceasing copper/cobalt operations in the DRC, citing high cobalt royalties as one main reason for stopping??

    https://www.google.com.au/search?q=...i57.9073j0j8&sourceid=chrome&ie=UTF-8

    "Have you seen the company’s costings? No! Ore supply prices? No! Operating costs? No! So you are uninformed have zero idea about anything, as usual!"

    The above statement is something I just read, and applies to everyone one of us. No-one can make any guesses about the profitability for WFE because there is a total lack of information on lots of important aspects of the company.

    But the hints about profitability are coming thick and fast from other companies that are closing or reducing production of Copper/cobalt in the DRC.
    https://www.reuters.com/article/bri...ployees-at-mutanda-in-congo-wsj-idUSFWN20E0M8
 
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