Hi everyone,
I have to say that I like WSA much more today mmmmmm
It now looks that WSA will not be part of this new tax and that they will hit once again their target and will be producing 20.000 tonnes of Ni this year.
With the Ni price around the US$9/lb and the production cost around US$2.50 - US$3 you probably realise how much money WSA is going to make...
And they have stated that 50% of all the profit will be returned to shareholders.
As a long term holder I look forward to see this company grow and become a cash cow that will become a decent payer of dividends to its shareholder.
This company is the new Jubilee of Australia and probably already overtaken that position.
Management can be congratulated by constant, outdo or hitting their set targets.
Good luck to all holders and I am sure that given time we will be worth much more then the miserable $4 per share.
jojo
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