WA8 0.00% 5.8¢ warriedar resources limited

Ann: Drilling recommences at Ricciardo, page-45

  1. 11,865 Posts.
    lightbulb Created with Sketch. 6513
    Well, what an impressive 7-10 days!
    Up over 100% from the lows (though to be fair, a few days there were zero shares traded).
    Yet still sitting at an E/V under $30m.

    Cheers for the $40 price per ounce. A hefty amount of dilution, but.. necessary to get what I do already think is a better asset than their U.S one.

    Obviously only retail is buying in the near term, but still.

    Clearly your D&D is getting better by the day mate.

    Cheers for the chuckle Wassa.
    I very much agree with you about script being used more in the near term, especially if companies take a leaf from GMD through the use of script as payment, versus mergers etc (mergers can take so long, versus GMDs quick-fire deals).

    Here's hoping you all have secured a seat on a very successful investment (I might take a position in the near term if only to have the option of participating in a cap raising).
 
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