Thanks @entropylord . I honestly thought , & think that hoped...

Thanks @entropylord . I honestly thought , & think that hoped -for results at St George , will be of good benefit to WSA. Western Areas with processing capability , are only 95kms away ?
But this isn’t the whole story - as I am thinking of BHP overall .

Please note — I also do Not post in SGQ . But I do read what I can in there , particularly noting a few posters inc Trapper who is an ex -mining CEO himself from memory (from elsewhere , not in SGQ forum , in his posts ) . Helmenesh I have a soft spot for as I'm sure many people do . A long - retired Geo who has waited years for St George success as many have .

I do get your point . I had sold out a year ago or I can’t recall when , but wasn’t comfortable being out of the market . Of course I was buying back about where I first bought in 2016 , and am glad to hold. The pot of gold at the end of the rainbow has remained not reached ,and of course everyone knows it is not only Nickel , but Palladium , Copper & Gold which are all up .
Promotion has been endless through the years with SGQ - with so many capital raisings and ‘exciting drilling’ campaigns .
Surely it is at last time for decisions to be made by in the New year- there .

I really started to think that WSA were even in part responsible for the slowness over the last few years there . I have held this belief due to how they continued to broadly explore rather than try to go for a bonanza discovery hit . The method has been safer but diluted shareholders not had rewards .
Hence how I have thought that it was quite significant for WSA , particularly when with Mt Alexander it would be very high grade Nickel to add to Western Areas now low grade ore.

Mainly I really want St George to succeed . I’m sure anyone should want this. JP is looking older now for the years it has taken. Once I was fortunate to speak with him a few years ago and I found him to be a very humble and concerned for shareholders to bring all to mining by in 2020s. He is unwavering in belief that will be a discovery . He and his family have put in millions of dollars personally - and this is years ago already , at over 20c. So he has himself and his own over $2million on the line in there .
I follow more what the company says, not HC , and their direct reporting and if you are talking enjoyment — I really enjoyed seeing the interview updates with John Prineas last weekend and over the fortnight speaking of the rush to drill deep now at what will hopefully be the feeder system .
I am a sponge . I am good at regurgitating information I have & do so if I think it is helpful .
I’ve followed closely with SGQ and WSA to lesser extent , both , over some years now . Both have been frustrating.

But to your point , and my thinking:
If 25 % is insignificant for WSA ?
** I had also started to surmise that BHP may come in over the top for what they want . **
At the levels of WSA shareprices , at 5 & 10 year lows again here now —and what has seemed clear shareprice manipulation for so long , for the last years in WSA . It has been demoralising being a WSA holder unless sold above $3.20 and rebought . Which is not how I want to behave - overall I always seek to Hold stocks that I buy .

WSA being sold down towards $2 , cut short on rallies above $3, & sold and capped below $2.40-2.50 through the last 6 months , to the point where a disappointing annual report has lead back to a sub- $2 sell off capitulation dump. ( note - myself included - I sold my super shares last week , feeling absolutely annoyed about the loss when really things had looked alright & I had just topped up thinking the “lows were in “ & it be a steady rise into the years ahead )

But then I have bought back at the start of this week myself , seeing the shareprice stabilise but also the underlying buying . Fund buying more , even if was averaging down , over 9% holding is still very substantial thinking on their part ?
But also - looking over , and really adding the SGQ 25% holding which Western Areas has , later this week I really did think now that this must be significant for WSA .

My fear though ? for WSA-
Maybe BHP comes in over the top , . a factor be if St George results are good .
WSA as I see it is beaten down , sentiment has turned down for WSA and in the midst of a Ni price boom .
Opportunity ? for an aggressor ?

Opportunity - at lowly shareprices if investors don’t become aware to bid up for WSA in near and medium-term ; as WSA is at this level a takeover target , to me .
WSA - infrastructure, land , and a 25% stake in SGQ - if MA is to be a useful mine .

“Useful” - your comments adds to my thinking, as you say “not so useful “ .. for Western Areas .
This being the case , and only a 25% holding , I also realised this a few years ago .

Although - Western Areas have their head Geologist working over at Mt Alexander for the JV with SGQ and he has been working with SGQ for a few years - so SGQ 25% is more than useful for WSA .
Which must surely indicate SGQ is important to WSA - but yes , maybe for its value .

I have thought too for some time —WSA would not want SGQ 100% , but the 25% ownership is very useful, if it delivers . However- others will lead and own SGQ .

But now I think , which was why I reply - WSA is a target .

The 25% of SGQ , if it is ‘useful ‘ — it is really most , or primarily useful to BHP !
And they (BHP) would only move on it, to stop a direct offshore buyer or stake occurring in SGQ , by any company which may be interested in St George.

** WSA holds an important key .
BHP — ?? Takeover WSA ?
This is what I’ve been wondering for sometime .

You know WA . And I don’t really , even with following as best I can , so will appreciate your thoughts and maybe of others . And Thankyou