WSA western areas limited

How good will this extra resource be to have on the books when...

  1. 981 Posts.
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    How good will this extra resource be to have on the books when we start hitting 20,000? If we get to 16,000 by battery day (23 Sep Aus time) then I don't think we will get much of a pull back, and continue to generally move higher

    EV sales data out of China and Europe for August trickling through and looking great. Momentum for more EVs translated to more batteries translated to more nickel needed coming through.

    If we hit 16,000 I think many brokers will go back and redo their calculations.

    With this extra resource defined, I wonder if the size and grade (of the entire project not just AM6) would be enough to attract Tesla's attention. It is a long term attractive resource in a stable country that can be mined efficiently and sustainably.


    https://hotcopper.com.au/data/attachments/2439/2439798-a7d52def1efcd306168f72519b0c0bd7.jpg

    Last edited by SeeTheWorld: 03/09/20
 
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