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5.00% 3.8¢ west cobar metals limited

Why are all these companies (WC1 OD6 HRE ETC ETC) in Esperance...

  1. Cranium73
    3,392 Posts.
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    24/07/23
    21:04
    Post #: 68955324
    Why are all these companies (WC1 OD6 HRE ETC ETC) in Esperance undertaking exploration and drilling campaigns.... spending millions.... announcing MREs .... upgrading existing JORC Resources.... throwing dollars at Met work.... ???? Lifestyle companies taking us all for a ride??? (I think not sneaky.png Suni biggrin.png)

    Sort of legitimate question... but also a bit rhetorical.

    Wasn't so long ago that Lithium mining wasn't economical. Right now graphite mining isn't economical.

    REE doldrums will pass.... this stuff is integral to the green energy revolution. Price goes up = economical.

    I reckon there's smarter people than you and I pursuing the economics of the Esperance region.... or are they all selling "Disallowed"???

    Good luck to us all.
    WC1 Price at posting: 10.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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