WA8 1.82% 5.6¢ warriedar resources limited

Ann: Further Strong Extensional Diamond Drill Results, page-11

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  1. 649 Posts.
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    Another strong drilling result from Amanda and team. Interesting text I had today from a mate who holds a few SPR, FFM and WA8. Seems he expects every company he holds that drills a hole, to find SPR type grades and discoveries - and he's been in the market for years! I tend to think some of us that have tipped money into the likes of SPR and FFM have been spoilt and therefore its only natural to see what higher market cap explorers are delivering and then expect results like that on other holdings (no matter that WA8 is only very early on it's journey) where they have raised serious amounts of $$$ and have four or five drills spinning at any one time on targets that are more advanced and mature than WA8, who as @Joelstar rightly points out, only picked up these prospects 18 months ago and at a time when the junior exploration sector has been struggling to raise a $.

    I personally think the targets, methodical approach and wise use of funds is setting this up nicely to deliver for shareholders. As will the following news to come this last qtr of the year:
    * Update of Ricciardo Mineral Resource Estimate (MRE) on track for Q4 2024.
    ▪ Aircore drilling program now in progress at the Golden Range Project targeting anunderexplored section at the southern end of the 70-km long shear.
    ▪ Further growth-focussed Reverse Circulation (RC) drilling of the ‘Golden Corridor’scheduled to commence in November.

    And some news on the antimony potential would be welcome and I think we can expect that too!

    @speculator101 a few months back, I asked Amanda about getting and using vrify. Pretty much comes down to cost at present ie she'd love to use it but at this stage of WA8's journey, she has to carefully allocate every $ raised. But I'm with you, I think if she can find the $ to do so, time to now invest in it.
 
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