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$3.86 western areas limited

Wow,what a great insight for a Non Holder. Odysses will be a...

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brucey

2,906 Posts.

117

29/03/21

00:48

Post #: 52099436
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Originally posted by kathd ↑

This share is going lower than this, I'd agree with the $1.50 maybe even lower. WSA have 2 mines down south one of which has seismic problems and a year to run tops and another that has to keep up with the cash burn at Cosmos. I think the $100 million will only keep them going for so long, then with the Cosmos project 3/4 done they will run out of money and a TO will happen at a discount to what they have spent. I'd say they would be better off buying another 10% of Panoramic. Nickle is fickle. Thats not held now .Buyer beware.

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Wow,what a great insight for a Non Holder.
Odysses will be a life saver,just have to be patient.
Sp will rise again,too good a Co. to stay low for very long.
Don't agree with your suggestion of buying another 10% of Pan, they are going nowhere fast.

WSA Price at posting: $2.06 Sentiment: Hold Disclosure: Held
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