WA8 3.08% 6.3¢ warriedar resources limited

Ann: $6M Placement to Drive Resource Growth at Golden Range, page-3

  1. 11,942 Posts.
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    Agree Joel,

    For what it's worth, I took a small position last week near the lows just in case they offered a SPP for retail, though it would seem that was a false hope, which in some ways is ok, because it just means they had a huge amount of demand for the raising (hence the relatively small discount). I will try and add if the share price goes much below $0.04. Cheers for getting me interested in WA8, as without a doubt they are very unloved and undervalued compared to almost any other explorer in W.A (even when I ignore their overseas asset).

    This should see them funded for 2024 (or close to it) and hopefully drill a lot more holes.

    Out of interest, do you think they should be targeting producible ounces for their neighbours, or green fields discoveries?
 
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