WSA western areas limited

Hi Folks,78 metres grabs the headline, but what if they'd...

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    Hi Folks,

    78 metres grabs the headline, but what if they'd instead headlined the estimated true width of 8 metres?

    Grades are good, exploration prospects still great, but the mining financial bottom line no better than IGO. WSA looks pretty expensive to me.

    This company will in future make decent money through the pon cycle, but is it a great investment at this sp? I am still somewhat spooked by directors (5 of them) selling at a much lower price last year.

    Will read the QR and the HY though. Have an open mind on reinvesting in WSA.

    EL
 
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