WMG western mines group ltd

Ann: Mulga Tank Mineral Resource Over 5Mt to Contained Nickel, page-60

  1. 1,692 Posts.
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    Some promoting was spotted on X today but the website hasn't been updated .


    https://thewest.com.au/business/bulls-n-bears/western-mines-53mt-nickel-resource-likely-australias-biggest-c-18253693?utm_source=sfmc&utm_medium=email&utm_campaign=Bulls+


    https://x.com/westernmines/status/1909073657990979604

    "A quick eyeballing of the lateral and vertical extents of the Mulga Tank drilling and the extent and significantly higher grade of its underlying massive nickel sulphides even points to the potential of doubling the current nickel metal tonnage.

    So much of the immediate area justifies extensional and infill drill testing that WMG will not be able to accommodate it all at once.

    Given the current scale and shallow depth of the resource estimate and the potential to move to early open pit mining of the resource, WMG’s short-term focus will be on defining cohesive zones of higher grade material within its existing model."

    CHN Market cap has dropped $100 million in the last week but is still sitting around $350 million , In an "efficient market" it to has a long way to go .

    I don't know anything,

 
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