That production multiplied by these rising prices = A explosion on free cash flows in hands of WSA. With no debt payments - the question is what are we going to do with so much cash? a) Dividend b) Expansion capex c) Acquisition
It will make me very happy (strategically) if WSA can acquire some slow moving nickel laterite assets and set up a state of the art Hydromet plant. Long haul I guess - its gonna take a billion dollar investment but with zero debt and so much free cash flows if anyone can do it, its WSA.
WSA Price at posting:
$2.63 Sentiment: Buy Disclosure: Held
