WTM 2.78% 37.0¢ waratah minerals limited

Ann: Annual Report to shareholders, page-2

  1. 13,592 Posts.
    lightbulb Created with Sketch. 295
    Letter to shareholders and Drs Report well worth a read - great summary.

    Question that comes to mind is, "why are the shares so cheap"?

    From the Drs Report:

    "The Company has independently confirmed its ability to concentrate graphite without the need for harmful acid treatment,
    with the resultant product still capable of exhibiting exceptional metallurgical recovery and performance characteristics required for battery end users. The additional ability of the Company to be able to produce a verifiable source of origin and environmentally responsible processing methods are  intended to support the emerging prerequisite of pending legislature and end user requirements."


    IMO, an offtake will be completed with a high profile organisation which is against the fossil fuel industry and pro renewable energy.

    All IMOO and pls DYOR!!
    Last edited by Meteor: 31/03/17
 
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