WA8 warriedar resources limited

Ann: Ricciardo Delivers Australia's Largest Open-Pit Sb Resource, page-140

  1. vmp
    14,495 Posts.
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    There’s nearly 5m sitting at 10c before the close, 4m still there. This is classic accumulation to me. , they want a low entry as much as possible. The pullback is normal. But I would imagine this rerate should happen very quickly til at least 200m before it goes sideways for a few weeks or so as exploration progresses. 200m is very low relative to the released sb mre + gold- all permitted unlike some peers which will have to wait for drilling permits which can take who knows, some quicker others a year or more. Amanda will surely want the market to know the value here as the market is misreading it and the webinar has been scheduled to do just that. I bought wa1 at $2:40 when the wild claim it can go to $20 was touted, went up a bag, then stagnated a few weeks, got bored and sold at $6 ……and soon after it started to rise unstoppably to $23. Two Lessons learned (1) don’t miss the re-rate (2) don’t miss the rerate

    more wa8 market exposure in progress
    Last edited by vmp: 06/05/25
 
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