So just my thoughts only, but it appears Bulla Park hasn't been explored to any notable extent. They potentially have decent tonnage as the interval was 66 m @ 0.86% Cu eq, and it appears pretty open. Chargeability looks interesting as to finding where the bulk of the resource is and potentially a higher grade zone.
Advantages -
Bulla Park could have decent tonnage in an open pit (compare say LRV's Hillgrove which is comprised of narrow veins and historically challenging underground mining but at much higher grade)
Antimony is very hot right now and no projects coming online near term to slow the momentum. US government still trying to tie up strategic supply without much luck recently as there has been no $ on antimony exploration in decades
WC1 market cap is tiny compared to even the smallest antimony peers - by size NAG $14m LRD $15m, TMG $35m LRV $211m. So potential for a multi-bag on antimony momentum
Disadvantages -
Grade is low, particularly compared to peers so will need to have straightforward (cheap) metallurgy to make this viable as a low cost bulk tonnage. Upside would be finding higher grade zones as drilling is still early
WC1 don't have much cash and are relying on some momemtum here and market confirmation to then execute on follow up diamond drilling on priority targets, so the met work needs to land to give Bulla Park some momentum without massive dilution
I am betting on the company heading up, but as always DYOR
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west cobar metals limited
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So just my thoughts only, but it appears Bulla Park hasn't been...
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Last
1.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.750M |
Open | High | Low | Value | Volume |
1.8¢ | 1.8¢ | 1.8¢ | $2.375K | 131.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 1028800 | 1.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.8¢ | 498236 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 1028800 | 0.017 |
5 | 876687 | 0.016 |
4 | 1626666 | 0.015 |
3 | 1681427 | 0.014 |
2 | 538000 | 0.013 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 498236 | 1 |
0.020 | 25200 | 1 |
0.022 | 105263 | 1 |
0.023 | 900000 | 4 |
0.024 | 416666 | 1 |
Last trade - 14.08pm 21/07/2025 (20 minute delay) ? |
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