WC1 5.00% 3.8¢ west cobar metals limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-57

  1. 15,821 Posts.
    lightbulb Created with Sketch. 1086
    If this is what we think it is ( the NT lease ) ......there will be no "sell the news".

    We are in to the TH with an $8.5m MC and $3.2m in Cash.

    People will see that the block dwarfs RAS' holding and the new money will flow in hard as traders scramble to get set.

    With only 30m shares on offer ( not the ubiquitous billion shares that so many have these days ).......the rerate will be phenomenal.

    Of course - it might be something completely unelated of course !  In which case we will still have the NT news brewing additionally in the background !

    Remember- ex SFR executives are running the show so...................
 
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