WSA 0.00% $3.86 western areas limited

time to top up for the turn around, page-5

  1. 9,509 Posts.
    lightbulb Created with Sketch. 661
    Hi schlomo,

    I agree that the Ni price will take some time to recover but where do you want to compare the price increase with??

    If you compare it with the NI $24 /lb yes we may have to wait years for this to happen again.

    But WSA does not need such a high price to carry a multiple share price from where it is now.

    Even a share price of around the us$7 or US$8/lb and with a yearly production of NI 35000 t/pa this company will make a fortune with a low production profile.

    I am not looking at the crazy high Ni prices we have experienced in the past, and not even at a doubling of the current Ni price.

    WSA does not need those prices to be an outstanding performer.

    jojo
 
watchlist Created with Sketch. Add WSA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.