WMG 2.44% 20.0¢ western mines group ltd

Ann: December 2023 Quarterly Activities & Cash Flow Reports, page-15

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  1. 429 Posts.
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    It's a fair question Jeff, and your timelines could be pretty close re the drilling.
    However, hanging on to all this, plus waiting for Ni prices to bounce back could leave us setting and hoping that all will come together at the same time, might be a little optimistic.
    I don't have any problem with the drill results coming in positive. The fact they have drilled at such a wide space, and come up with constant results is astonishing. They have now homed in on the best part in the upper layer, and looks like the MT has served them well for deeper targets.
    Plus, they haven't even put holes in some of the outer regions that show potential, that a lot of other Ni companies would die for to have these tenements.

    It will still take time, even with good results. A lot of work to be done. So I'm not expecting the SP to do great things for quite a few months yet. Unless they hit a massive high grade zone (which is possible given the size)
    Or something gives the Ni price a 'genuine' kick along. Long term!
 
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