WSA 0.00% $3.86 western areas limited

Ann: IGO: to acquire Western Areas via board recommended scheme, page-81

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  1. 10,021 Posts.
    lightbulb Created with Sketch. 4333
    absolutely right doch
    WSA average grade 1.0% with FF SQ only producing at 2.9% now
    PAN 1.23%
    MCR 2.8% with cassini at 3.2% grade
    POS aversge grade 0.8% with SS the highest grade mine globally at 9.5% JORC resources

    WSA has only 100kt jorc resources left at Forrestania producing at 2.9% way down from prior 4.0% grades

    WSA says it has the highest grade Ni mine in the world at a 2.9% grade production, this is incorrect,
    Silver Swan since 1999 is THE highest grade Ni mine in the world at a 9.5% JORC produced over 150kt at 5.5% average grade & now being restarted with a 2.2MTpa mill on top of it unlike the WSA mill of a pathetic 0.6MTpa

    yes comparing the grades & mill capacity is very revealing
    $1100M v $278M NCaps, a big difference

    yes you shouldnt throw stones in glass houses.


 
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