Hi Sabine, it's practically the only company I recommend universally as an investment to family and friends, so yes it would be fair to assume that I think Warriedar has outstanding re-rate potential as it ramps up its rapid resource growth strategy.
Interestingly enough Sabine, this strategy is not too dissimilar from the one used by our Spartan friends. Another thing to note Sabine, Simon is currently informally assisting/advising Amanda. Amanda has gained tremendous insights from the few conversations they have had.
Like all investments there is risk attached however I believe the large existing mineral resource inventory, associated infrastructure and mining leases, plus the level of asset diversity (multiple commodity types and mineralisation styles) sets WA8's risk profile apart from many of its peers. Close off Ricciardo ore bodies and WA8 owns another dozen or so known gold bearing Jorc2012 deposits with which to attack with the drill bit. Best of all Golden Range's 70km mineralised structure has barley been drilled below a depth of 40m, it really is a very similar back story to Dalgaranga greenstone belt.
All the best with whatever your friend choses. I have applied for my 30k fill.
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)