WSA western areas limited
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Based on the sale of the 2 tenements today A contained resource...

  1. stokdog
    6,164 Posts.
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    28/02/17
    18:24
    Post #: 22984559
    Based on the sale of the 2 tenements today
    A contained resource of 2-3 million tonnes @$15 = $30-$45m
    Royalties 1-1.5m per yr
    11m shares in kdr @54c could be worth alot more than $6m in 12-24 months say $1 = $11m

    All up this deal alone could be worth $40-$55m

    The remaining tenements have excellent potential so watch this space for a farm in agreement for lithium rights.
    WSA Price at posting: $2.37 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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