WA8 warriedar resources limited

Ann: Laying the Solid Foundations for Project Development, page-22

  1. 79 Posts.
    lightbulb Created with Sketch. 85
    Great insight as always thankyou Joel!

    For MAU it Sounds like there is still SP upside & takeover interest. Might review MAU numbers, there might be a S/T trade opportunity (M&A) if there is a SP pullback.

    If the last Riccardo update is anything to go by an MRE of 1.5Moz is not far away.

    Sounds like the value in WA8 is really tied to starting & completing the scoping study. Having several pathways to production is a bonus. It also makes them an attractive M&A target.

    The potential L/T resource size makes you want WA8 to succeed by itself, but according to Lion's Mining cycle clock we are at 4 o'clock i.e. the mergers and takeover time.

    In Amanda we must trust.
    Cheers






 
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Last
12.5¢
Change
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Mkt cap ! $141.5M
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12.0¢ 13.0¢ 12.0¢ $643.8K 5.121M

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4 248315 12.5¢
 

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Price($) Vol. No.
13.0¢ 629094 4
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