WSA 0.00% $3.86 western areas limited

time to top up for the turn around, page-5

  1. 9,506 Posts.
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    Hi schlomo,

    I agree that the Ni price will take some time to recover but where do you want to compare the price increase with??

    If you compare it with the NI $24 /lb yes we may have to wait years for this to happen again.

    But WSA does not need such a high price to carry a multiple share price from where it is now.

    Even a share price of around the us$7 or US$8/lb and with a yearly production of NI 35000 t/pa this company will make a fortune with a low production profile.

    I am not looking at the crazy high Ni prices we have experienced in the past, and not even at a doubling of the current Ni price.

    WSA does not need those prices to be an outstanding performer.

    jojo
 
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