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clock Created with Sketch. 04/04/24
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Originally posted by LJSM:
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Been watching for a few years waiting for them to anticipate or start shipping. After seeing what’s happening at WA1 had to pull the trigger. Not expecting huge returns but worked previously in the industry and demand metrics for SOP look ok IMO. Dilemma I see with exploratory companies is lots of hype up to finally getting a resource estimate and then needing plenty of capital to mine and a decline in SP- Chalice mining comes to mind but a rare earth could be completely different story to the likes of Gold, Copper, Li etc. How high can WA1 go? I hope AMN take the best of the opportunity and to me selling of a portion to raise maybe another $5million non dilutive capital might be a good move? Of course if the SP of WA1 takes off it’s a bummer! Interesting conundrum for AMN IMO. GLTA
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Big move in WA1
