WTM 3.85% 27.0¢ waratah minerals limited

Big fish eat small fish

  1. 1,195 Posts.
    lightbulb Created with Sketch. 2
    Montepuez and Rio Mazoe projects boast outcropping mineralisation and highly prospective geology...

    But what makes MTA confident about their graphite project ?
    - Maiden drill program planned for Q4, 2014
    - Graphite strike lenght is > 10km

    IMO, lab results of rock chip samples and EM will be enough to move strongly the SP, so SYR and TON need to watch out ...What if MTA graphite is bigger than the combined TON and SYR, and supposing their quality are even if not better ...?

    MTA could then dwarf the combined SYR and TON.... (lol)

    How about the discovery of a large deposit of Zn-Pb-Cu at Cassidy Shea ?

    They have also multiple zones outcropping Zn and Cu ...on some hot xpots, XRF analysis of rock chips has returned up tp 11.9% Cu and 4.37 Zn

    MTA said they are exploring for Broken Hill Type (BHT) lead-zinc-silver deposits ....
    ...so not discounting the Rhodonite Hill, locating 7km north of Cassidy Shea "Rhodonite Hill has excellent indicators of a BHT Style system, with the presence of a large Pb-Zn anomaly and amazonite-rich pegmatite associated with a potassic high in radiometric data.."

    SYR and TON should be worry to have a neighbour like MTA...
 
watchlist Created with Sketch. Add WTM (ASX) to my watchlist
(20min delay)
Last
27.0¢
Change
0.010(3.85%)
Mkt cap ! $54.48M
Open High Low Value Volume
26.0¢ 27.5¢ 26.0¢ $40.95K 154.0K

Buyers (Bids)

No. Vol. Price($)
3 10904 27.0¢
 

Sellers (Offers)

Price($) Vol. No.
28.5¢ 20000 1
View Market Depth
Last trade - 16.10pm 11/11/2024 (20 minute delay) ?
WTM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.