WA8 warriedar resources limited

Ann: Ricciardo Delivers Australia's Largest Open-Pit Sb Resource, page-182

  1. vmp
    14,494 Posts.
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    It’s all good HM

    Exactly right, current shareholders need to align their thinking to the company’s strategy to minimise disappointment


    What’s in store? AB maintains her belief wa8 endowment will prove an 8m oz aueq that’s $40 billion in today’s spot market.


    A question was raise what wa8 gonna do to expedite production in view of the possibility prices will eventually fall? AB was measured in her response, she reiterated that’s not the priority. To grow shareholder value immediately, wa8 has to drill!


    I think this is being built as a Tier1 resource. On lassonde curve, it can reach multibillion without producing if w8 hits 8m oz. That’s of course assuming prices remain elevated. Wa8 is now a dual commodity play which mitigates risk to an extent. Who can predict the prices? All we know is it will rise and fall and rise and fall . So we simply get to work and not worry too much.


    At $100mcap, this is incredible value the market has not picked up imo
    Last edited by vmp: 09/05/25
 
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