WA8 warriedar resources limited

Ann: $17M Placement to Fast Track Resource Growth at Ricciardo, page-89

  1. vmp
    14,439 Posts.
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    I saw that too, in fact MRE updates are due q3 and q4

    But I never thought about what Sx2 is doing until I’ve been watching in the last 8 months side by side my ex-stock LRV.

    it seems their strategy is working well

    I’m just saying wa8 may change tact if it’s warranted

    results like that of sx2 drill hits will warrant a second look imo

    what’s the point of releasing an update MRE if it will be used against us for a low ball takeover

    lets see how we go. Not trying to be smart. Most of my rationale are based on observation


    Sx2 is doing it, not a single MRE for the whole 5-year drilling. It means they’re not scared. They’re not anxious. They’re confident. They’re years and years away from production but with nearly $2 billion mcap now. Same with PPTA. Years away from production at $1.6 billion just by clearing up their contamination and rehabbing in the last 7 years
 
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