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
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