WSA 0.00% $3.86 western areas limited

Why I think that if IGO bids it needs to be at least $4.00 per share., page-161

  1. 125 Posts.
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    I can see we are not going to see eye to eye on details here, thats fine.

    ODY - had a look there when BAR got the rehab and dewatering contract, prior to any cuts actually taken. Prior to any shaft arriving - btw has it hoisted anything yet, when does production start? Is all the primary vent CAP DEV (horizontal and vertical) done? Although none of this is news (all public information), its still work to be completed - on schedule, on budget. So risk in achieving guidance is still there that's all.

    Its not that wet because of the substantial centrifugal pump stations in place.

    Studies at FOR, sure. If the slow down was planned and the studies are good, why so slow at getting them more advanced so there's no production cliff? Not really an issue just not a good look and a-lot of effort explaining it to the market. I would be stoked if the joint kept going, I did some UG time there in 1995 at Cosmic Boy. Was pretty wild then!

    The DD stuff and how it came to be public I'm not going to comment on.

    I'm actually interested in the exploration side of WSA, they seem to be having some success in SA and any ground around Leinster is always interesting.



 
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