Delphi is no doubt the largest holder and their next move is something we are keen to see. As an investment fund I think Delphi's full takeover is unlikely, but agreed another 3-5% purchase will at least boost the SP.
Chinese companies could be strong competitors of Delphi. they are expanding globally for gold mine asset. $400 -500 millions can buy them over 10 millions ounces in Wiluna area, to them, that's a bargain.
WMX Price at posting:
$1.06 Sentiment: Buy Disclosure: Held
