Yeah bit of risk there i guess being a new mine and all.I don't...

Yeah bit of risk there i guess being a new mine and all.
I don't know why i feel like that mine has been studied and drill to death to ensure it comes online relatively smoothly.
WSA knows how to mine. They just gotta make $$.

But the new mine by itself wont see any drastic SP rise even if it goes well. Our 10y cycle goes from possible 17k/t PA to just over 20k/t pa.
Alternatively teething issues with the new mine would see SP pressure.

An increasing SP for me will be a combination of things. I think one thing by itself may not be the magic ticket. i t
A rising commodity price always helps - happy if it stays up here.
Other things we can be successful at. i.e other investments we have seeded.
i.e PAN and Cosmos extension,
Western Gawler would be nice to find some decent pay dirt down there too. Geez it was so very close to being a Jackpot. LOL.

The MREP interests me but i am not so sure its paying its dues. Yet anyhow. They don't tend to release to much on MREP.
So maybe its just a sales pitch. Hopefully it pays its way. I would of thought they would be promoting this more if it was going super good.

SGQ is still there in the background but i cant work out there if there is anything that even looks like its economic to mine.
There may well be but i just have not researched SGQ enough to know.

WSA have a few irons in the fire so if you get a few paying off i think that's where we will see decent SP appreciation.

WSA $826m MC Multiple deposits and plants
PAN $370m MC and they are not even mining LOL.
MCR $570m MC Not mining. No plant (actually BHP plant i think so its all in ground value)

I mean you could make heaps of comparisons but IMO WSA should be worth a lot more than we are currently.
But Money talks an bullshit walks.
As i said earlier if a few things come together then happy days. We should be able to chew through $3 and head to higher.
If they don't I guess i will be forced to buy again under $2. :-( LOL