With the PFS on Cosmos mine due soon we could be looking at 3...

With the PFS on Cosmos mine due soon we could be looking at 3 mines generating ~35,000 tonnes of nickel in concentrate vs current production of 22,000 tonnes of nickel in concentrate. All this could be absorbed with current cash.

Assuming higher nickel prices and with the company having an excellent track record of keeping costs under control I see no reason why WSA could grow organically and explore at their highly prospective ground for new deposits.

Earnings could potentially be increased by an extra 25-30% which would see strong cash generation