WPG wpg resources ltd
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  1. hummms
    1,529 Posts.
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    25/11/18
    08:04
    Post #: 36630488
    Receivers have NO responsibilities to report to shareholders. [who are regarded as a distraction]
    The mine is just not economic.
    KCN has a recovery clause in their sale contract to WPG where the mine reverts to them on cessation of activities.
    The plant value would equal the cost of dismantling.
    I would not expect any offers to buy by 4.12.18
    The site will then be then available for high grade uranium waste storage for the 14 tonne waste coming back from France
    Expect the usual scare stuff from the Greens
    WPG Price at posting: 1.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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