well WSAwell WSA can sell out to a bigger IGO or even BHP, but this lessens the investible universe. On the other hand in mining scale is important.
I think WSA could takeover/merge with SGQ to build a bigger footprint of resources. Then you have to consider how/where to process these resources. And that means a WSA/SGQ combination could build a refinery and maximise the return rather than just on-selling the raw material to a processor ( also IGO/BHP ). As a WSA holder i prefer the WSA/SGQ takeover/merge option.
I hold only WSA, but may consider buying into SGQ as a side option.
- Forums
- ASX - By Stock
- WSA
- Will WSA takeover SGQ?
Will WSA takeover SGQ?, page-9
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WSA (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online