WSA western areas limited

Ann: New Forrestania Offtake Contracts Awarded, page-5

  1. 3,745 Posts.
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    so wdgt72 -a pretty baasic question for u - does then the offtake agreement include all prod at a set price - or are WSA still exposed to the spot price somehow??? The WSA sp has been tracking the nickel price almost ot the 1 to 1 correlation which infers there is no set price and all done by spot nickel price, or is it a case the mkt sp is just sentiment reactions to the nickle price even though WSA are not exposed to it.

    with 183m in bank i am trying to decide what entry price i should get in - i agree it seems cheap at this price, but ithought uner$3 was cheap and histroically under $2 has happened 3 times in last 5yrs or so - i am being greedy trying to get the best price - but acknowledge 2.64 currently seems to be a price you will not regret.
    cheers Nam
 
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