WIN 0.00% 4.8¢ win metals ltd

Ann: Widgie Nickel Quarterly Activities Report & Appendix 5B, page-9

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  1. 270 Posts.
    lightbulb Created with Sketch. 45
    https://hotcopper.com.au/data/attachments/5472/5472737-b6a738650463f6ae947c28dc8f62151f.jpg

    This is the only update we get at this stage, seems like the offtake partner (bhp?) wants a view of nickel available, which has forced WIN to go around testing, and quantifying each resource hence the higher drill spend.

    I think they want to shore up what they have to get a good offtake, WINs uniqueness in location and timing (think Wyloo) is great but they need to prove they have some decent ore that can be taken out at a decent timeframe.
 
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