no doubt there is a significant Capex, upside is that it is staggered .. finance if required would not be an issue.. in fact WSA could probably finance out of cash considering the amount of free cash flow generated at elevated Ni.. QTRLY will tell the story ...
I believe additional resource will be converted to reserve at Forrestania and they could be potentially approaching 30 kt Ni in concentrate once Odysseus commences
If forecasted growth / demand for Ni sulphide sourced concentrate turns out to be real then WSA could be be a 1-2B company by 2022 23
Ezi
WSA Price at posting:
$3.10 Sentiment: None Disclosure: Held