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6.49%

36.0¢ western mines group ltd

nice work undergroundtraderJRW7 here is an old article which was...

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jimmymoggill

564 Posts.

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27/04/24

13:18

Post #: 73536781
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Originally posted by jrw7: ↑

Hi there mate,

I’m a young bloke currently researching WMG.

I was invested in GRE but it’s going absolutely nowhere and I’ve been watching WMG for a week or so now.

My biggest investment concern is that there seems to be negative sentiment around nickel and I am also unfamiliar with nickel deposits and how they work. There’s lots of noise about China beating down the nickel price due to their supply from Indonesia as well as BHP cutting back nickel production/writing off its nickel assets.

But there is a lot of talk here about Mulga Tank being a world-class, globally significant resource and the company even has in their philosophy to be a company that genuinely strives to create shareholder wealth.

Just wondering, with nickel sentiment being poor, what do you guys think make WMG so compelling and different? Is it the size of the deposit? Management? Etc.?

Cheers,

JRW

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nice work undergroundtrader

JRW7 here is an old article which was pretty informative from mining.com
https://mining.com.au/western-mines-group-chasing-a-huge-prize-in-the-underexplored-minigwal-greenstone-belt/

WMG Price at posting: 41.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 36.0¢		Change -0.025(6.49%)		Mkt cap ! $28.47M

Open	High	Low	Value	Volume
37.5¢	37.5¢	36.0¢	$45.35K	124.3K

Buyers (Bids)

No.	Vol.	Price($)
1	47338	36.0¢

Sellers (Offers)

Price($)	Vol.	No.
37.5¢	18508	2

View Market Depth

No.	Vol.	Price($)
1	47338	0.360
1	5000	0.350
1	20000	0.345
1	10000	0.340
1	23500	0.335

Price($)	Vol.	No.
0.375	18508	2
0.380	21999	2
0.385	1625	1
0.410	5000	1
0.420	23600	3

Last trade - 14.06pm 17/06/2024 (20 minute delay)


Last 36.0¢			Change -0.025 ( 6.49 %)
Open	High		Low	Volume
37.0¢	37.5¢		36.0¢	35077
Last updated 14.06pm 17/06/2024 ?

WMG (ASX) Chart

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