I'm concerned that scale of these potential deposits makes Warriedar a potential takeover target by a large player which would limit the upside potential of this stock. The more Resource updates they issue the greater the risk.
I asked Amanda if there is merit in speeding up the PFS and mine development phases as continued successful Resource updates will only make you a highly prized Takeover target?
Amanda's response was "Absolutely, we plan to fast track as much as we can. I couldn't agree more. We are pumped to get this moving..."
In this latest presentation I couldn't see any mention of fast tracking mine development but looking at Amanda's response I think it's definitely on her mind.
@Joelstar@speculator101 thank you both for providing very detailed analysis and factual opinions around WA8. It is refreshing to see opinion backed by fact and deep understanding.
WA8 Price at posting:
5.3¢ Sentiment: Buy Disclosure: Held
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