BSE WTR

Ann: Takeover Offer for World Titanium Resources Limited, page-4

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  1. Mongrel
    2,000 Posts.
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    23/12/14
    17:42
    Post #: 14502894
    I think it could go either way. It will be very difficult for WTR to raise the capital fore their project in this environment. BSE has cash flow and an unused line of credit. WTR will could view this as a way to build the project. The alternative is to mothball it for next 2 years till the market rebounds.
    WTR Price at posting: 3.6¢ Sentiment: None Disclosure: Not Held
    BSE Price at posting: 20.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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