WTM 5.80% 32.5¢ waratah minerals limited

Ann: Battery Minerals raises $20m to continue building Montepuez, page-11

  1. 950 Posts.
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    I also paid 7.8.....7.5.....7.2...6.9...6.7....now 6 and 5.9

    That is how a position is build.
    Do you think it is wise to go and buy your full allocation in one single day at one single price.
    And after you do the price just keeps going higher.

    I am afraid it doesn't happen that way.

    It takes time to build a position.
    I know everyone has different time frame & criteria.

    For me if the price is 10-12 cents in 12-15 months time from now....that will be a great outcome.
    That's a 50-60% return.

    I have been following MTA=BAT for over two years now and building a position out of my large exposure in the Gold sector. Another graphite play I'm involved is in Tanzania with also great potentials and is cheap starts with a B.
    However, I think BAT is far more advanced and will produce return much earlier than the other play.

    I will come back here in few months time.
    Good bye now.
 
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35.0¢ 35.0¢ 31.5¢ $208.1K 627.2K

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No. Vol. Price($)
1 2000 32.0¢
 

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33.0¢ 10000 1
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