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35.0¢ western mines group ltd

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

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jimmymoggill

538 Posts.

116

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
10 Upvote

0 Great analysis

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(20min delay)
Last 35.0¢		Change -0.010(2.78%)		Mkt cap ! $26.50M

Open	High	Low	Value	Volume
36.0¢	36.0¢	34.0¢	$71.99K	205.3K

Buyers (Bids)

No.	Vol.	Price($)
1	2532	35.0¢

Sellers (Offers)

Price($)	Vol.	No.
36.0¢	28003	1

View Market Depth

No.	Vol.	Price($)
1	2532	0.350
1	11111	0.330
1	3113	0.320
1	11857	0.300
1	7689	0.290

Price($)	Vol.	No.
0.360	28003	1
0.370	13698	1
0.375	22250	2
0.380	8600	1
0.390	41611	1

Last trade - 16.10pm 08/05/2024 (20 minute delay)


Last 35.0¢			Change -0.010 ( 2.75 %)
Open	High		Low	Volume
36.0¢	36.0¢		34.0¢	41646
Last updated 15.55pm 08/05/2024 ?

WMG (ASX) Chart

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