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$3.86 western areas limited

Ann: Scheme Timetable Update, page-11

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Stefans

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15/03/22

21:05

Post #: 60210570
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Originally posted by BobbyDee: ↑

WSA SP has been held down for years most probably waiting for most the work to be done on the new mine then the amazing TO price comes in, the nickel price doubles and they still think it's a good deal.
The way they're talking you would think the NP will return to $8.50lb tomorrow that's incredible I wonder if they look at the news or maybe do some research? Another very safe bet IMO is PAN which I think like WSA is connected at the hip. Not too worried about x promoting as I'm sure most people know WSA own 20% of them, $20 million i think which they bought at around 7 cents that's a nice little earner, what's that worth? well maybe not too far short of 100 million bucks.
Geez I wish I had a crystal ball for this one.
All IMO

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LME opens for Nickel trading tomorrow. Due to the time difference the impact on WSA share price will be felt on Thursday morning.
Have a feeling, after watching today's trading, that something is brewing up. A much better offer may be on cards~$4.50

WSA Price at posting: $3.52 Sentiment: Hold Disclosure: Held
5 Upvote

0 Great analysis

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