WFE 0.00% 2.4¢ winmar resources limited

Ann: Hamersley Study Review for Pre-Feasibiity Start, page-57

  1. 181 Posts.
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    WFE do not submit financials prior to the 16th March 2020 and subsequently the ASX delists us!
    Possible outcome due to various issues including director exodus...

    Sell Hammersly IO to help finance the DRC acquisition
    May not fetch enough to complete and start a DRC acquisition and associated...

    WFE then pursue the DRC Cobalt idea as an unlisted company ( without the additional scrutiny of the ASX )
    IMO-> WFE could close up to be reborn as a new company (different entity; bankrupcy ?! ) share no longer associated with new mob

    WFE then become a Cobalt Pure Play with assets in Canada & DRC
    I always wondered why they didn't follow through with Gowganda Cobalt Project, Canada??!?! DRC seemed to risky in my view especially
    for a small play with no previous experience in DRC and cobalt markets


    Possible listing on the LSE or another exchange in future
    Possible but unlikely ...once you've lost your credibility who will invest in you whether ASX or LSE

    Apologies the lengthy suspension and possibility of losing a large sum of money on WFE has got me clutching at straws
    you're not the only one ...just put it on the back burner and concentrate on other stocks ...come back to wfe in a couple of months and see...
    You never know...




 
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Currently unlisted public company.

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