WMT western metals limited

watch for a bounce, page-27

  1. mthomson
    138 Posts.
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    06/01/09
    14:44
    Post #: 4661874
    Agreed thay are in a better position than some due to cash in hand. Raising cash right now is a hard ask.

    If WMT spend their cash on a project then regardless of the value of the purchase they lose that favoured position and become vulnerable just like those who currently have a poor cash position.

    If they have some good news then the position might change but I am not aware of anything that is due to be released.
    WMT Price at posting: 46.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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