so they have raised their target from 62c that they were carrying a month or so ago to 96c. Really nice, you can see the rerate wildcat is quickly getting now the market is scrambling to piece together the latest results. Top shelf astute investors and geos can see this much earlier than the general broader market filled with shall i say more mid level amateurs.
now the focus on this pilbara region will be on AZS, the street talk is a takeover offer north of low $3s which for only 60% of the project potentially can put it around $2.5 to $2.8B. as i have said management have gone down the road of a self proclaimed target prior to any resource estimate being published. their aspirational target 100 to 240MT.
All of this M&A is great to see , part of investing is being in a stock in a hot sector and hot fundamentals and M&A is a great thing.
WC8 Price at posting:
62.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)