Ann: Clarification - CVS Iron Sands Rights and Fees, page-13

I can remember reading a post that said WFE was overpriced at 2.4c with no asset, at the time I actually agreed, but also realised that should a lucrative Cobalt asset be found and reported to the ASX it would be a bargain price to pay over the LT. Today BKP is sitting at 0.7c and I would argue the evidence is even stronger here that an acquisition is imminent for this company.

If you read the detail of the ASX announcements and consider recent managerial events I can only conclude that fortune will favour the brave here.

I'm revising my TH estimate to less than 4 weeks time


DYOR