WSA 0.00% $3.86 western areas limited

McQuade,He’s not preaching the BHP monopoly nonsense on the POS...

  1. 13,963 Posts.
    lightbulb Created with Sketch. 1047
    McQuade,
    He’s not preaching the BHP monopoly nonsense on the POS or PAN threads - because he doesn’t believe his own nonsense.

    He’s so muddled he selectively mixes and matches resources and reserves touting them as “JORC”, doesn’t know a smelter from a concentrator preferring to rabbit on about mills, or camps. Importantly doesn’t know a real mining company from a dog, hence his emotional attachment to the go nowhere POS.

    Imho WSA is probably better placed in IGO ownership but it does leave us longer term investors a bit of a dilemma as to where to reinvest in nickel. Hopefully we at least get a better offer before this all wraps up.

    I have no idea whether IGO’s process stacks up. I understand why they didn’t implement it at Nova, at least at scale, however I”d have thought they might have wanted to run a small scale pilot/demonstration unit if they really believed in it.

    EL
 
watchlist Created with Sketch. Add WSA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.