"No wonder the major shareholder is saying, ill buy the lot and...

"No wonder the major shareholder is saying, ill buy the lot and get these prospects moving, before the board dilute small shareholders further "

Seems to be the case, to be fair though the company is in the gold space and the share price of all gold explorers and miners has gone in the opposite direction to the price of gold, so it will be interesting to see how far that disconnect can stretch. Am I correct in assuming that the market placed zero value on their Cu Ni and Mn JV projects?

Chris Wallin is no dummy, and he can see undervalued assets although the vast majority of his expertise and track record is in coal and not minerals. The timing is peculiar though as CWX and its JV partners seem to be in the early stages of exploration in most of their projects and its not like they have dozens of drill rigs churning away creating new valuation or early mover opportunities. What does he know that the rest of the market does not?

Maybe he can just see that the sum of the parts is worth more than the whole and will spin them all out into three separate IPO's? A Fraser Ni IPO, a Patterson Cu IPO and a WA goldfield IPO?