Agree, he’s taken a bit of a scattergun approach to nickel imo, even backing POS at one stage.
A full bid in competition to IGO would be pocket change to him, if he wanted, but I too doubt it. I suspect he will personally focus on his much grander dreams (than a modest $bn nickel investment) and leave his lackeys to provide him with some nickel exposure. He dreams big and he’s a risk taker so sure his next big thing might well be a failure but imho if it is it is more likely a $10bn failure than a mere ANL sized stuff up.
A bit disappointed in my investment in WSA, not sure Lougher is up on his game, so maybe the assets are better within a desperate IGO, but I wont be holding IGO script again (held from 2004 to 2019).
Hope AF makes good pocket change from his 5%, then I”ll finally get some return on my pocket change.
EL
- Forums
- ASX - By Stock
- Ann: Becoming a substantial holder from Wyloo
Agree, he’s taken a bit of a scattergun approach to nickel imo,...
-
-
- There are more pages in this discussion • 66 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WSA (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online