Vic Resources: at least 4-5 years away before production. Even with a farmin partners 10's of millions of dollars if not more will most probably needed to be coughed up by the company. More capital raising and more dilution is imminent, would you say?
WA resource: even with success ( thats a big if) with shell drill, the same process is required. Years away from any production and even more raising and dilution would most probably be imminent, would you say?
IMO WHN is at least 5 years away from any revenue production. This is if any of the prospects move in this direction.
With already around 1.4 billion shares floating around and IMO much much more in the future....what's whn real worth?
These are all the questions running through my mind ATM. This is not advice just pure speculation on my part.
In saying this, the board of directors are extremely experienced people. Very good track record and MAY have some good surprises.
Who knows what's around the corner.
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