WMG 0.00% 33.0¢ western mines group ltd

Ann: Completion of MobileMT Survey at Mulga Tank, page-126

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    Yeah, think you may be right, all the nickel bugs redeploying their funds after the CHN demolition so reassessing their positions, seems about the only logical explanation for WMG's whacking after 3 great announcements.

    Nickel exploration is looking quite sad across the board at the moment imo. Not a lot of decent finds being reported, funding for exploration very tight and the runway of new developing projects is minimal. I agree we really need to find some of this massive to spark more interest but think the shallow open pit low grade is a must to prove up. Companies like IGO will should be seriously considering a project such as Mulga as it could extend the life of its existing depleting assets and secure its nickel operations for some time.
 
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