WSA western areas limited

Burn, page-9

  1. 2,060 Posts.
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    They are burning, with DRAGONFIRE!
    They refused to bend the knee and now they burn.

    they short WSA every few years from 5 - 2 - 5 -2 to now 2.50
    But when WSA lost $150M in 2015 i am not surprised the price dropped away, now with rising cashflow and Nickle price breaking out to annual highs they should be making +$115M ($65M + $50M) free cashflow annually, and cash holdings increase to +$200M - $250M

    So the dividend should triple like with FMG & increase to 6c per share by December.

    Bend the knee or be met with dragonfire!
 
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