Australia's largest stock trading and investment forum Australia's #1 stock forum

WA8

0.00%

5.7¢ warriedar resources limited

Broker Data, page-5

First 5 Last

Share
Profile

Follow
Bullish786

2,213 Posts.

262

29/08/24

14:04

Post #: 75436108
Share

Originally posted by Joelstar: ↑

Has the story improved since Monday's potential antimony discovery?
We literally have a free hit (no drilling just re-assaying old rockchip/core samples) at building a potentially significant antimony resource which could be potentially accessed within an existing mining lease with existing infrastructure. Aside from the current Australian antimony producers, as far as I know, only LRV and WA8 have both antimony on a permitted mining lease and a mill. The key difference is LRV already has a defined antimony reserve.

Best of all this is not a one trick pony.

How long could it take for WA8 to delineate a maiden antimony resource? Obviously, re-assaying will be hell of a lot quicker than drilling.
Is there potential to access government grants to assist the delineation of a reserve and to fund mine development?
With 29M in severe financial distress, is a WA8 toll treating deal a matter of when, not if?
Is Keith Neumeyer looking at buying Big Springs to enhance JC re-start economics or will BS be toll treated at JC mill?

Lots of potential catalysts!

Gold price is consolidating over 2.5k USD.
Antimony price is flying.
Antimony could reach bubble territory very quickly.

Expand

Spot on Joel

Just minor concern here how desperate Argonaut for selling here concerning about parcel they have to pause share price growth!

WA8 Price at posting: 6.7¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

MTH

Mithril's drilling in Mexico picks up silver at 997g/t, gold at 28g/t

SNX

Sierra Nevada raises $2M for silver exploration at Blackhawk

IRX

InhaleRX snags $38.5M in funding from VC biotech funder Clendon

M4M

Macro, Norden set up transport solutions initiative for West Pilbara

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

What's causing the cost-of-living crisis, and how to navigate it

Week 42 Wrap: HotCopper's top picks; new ASX 200 record; world yawns at war

NVU

Nanoveu surges 10% after benchmark testing for new AI chip begins

SWP

Swoop lobs $18M offer at microcap telecom Vonex – in which it holds 19.9%

TLG

Talga Group wins key permit for flagship graphite mine in Sweden