this was the bet I was making when I acquired some WSA in my super recently. It seemed to me the Nickel price had bottomed, but everywhere I looked, Nickel stocks were already reflecting this until I noticed WSA was being held back due to funding concerns and, as you say, shorts betting on a CR. Now this doubt is out of the way, WSA should re-rate quickly. Now we just need Nickel prices to rebound. If so, WSA SP could even double next year. It’s not one I’m going to throw anymore at, I hope this time next year, I’m regretting that.![]()
Ann: Bank Facility Update - A$75m Credit Approved Term Sheet, page-3
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