WMG 18.5% 32.0¢ western mines group ltd

I’ll take even half of that.Posted this before but sharing again...

  1. 322 Posts.
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    I’ll take even half of that.

    Posted this before but sharing again - from Aston thread (MC about $115m last I looked). Whilst MT might not have higher grade like Mt Keith, in comparative geographical area, MT has been positioned well relative to MK in the company slides. Even at lesser grade, this seems to have the makings to challenge any other low grade large scale deposit. And CM has stated confidently in the preso that they can mine Nickel economically from MT.

    With current MC and SOI, this has every chance of making a run on the sp. Even before a cap raise, which will be required soon. And especially if they release more results from the other holes before the cap raise. Or as a previous post said, oppies also in play I believe as option to raise more funds.

    I wonder how the shorters will ride this one as volume of shares goes up.


    https://hotcopper.com.au/data/attachments/5184/5184516-3f1206a6614a2769f364fdbb03079da8.jpg


 
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