WA1 4.97% $17.41 wa1 resources ltd

Reading the motely fool article this morning and i just had to...

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    Reading the motely fool article this morning and i just had to highlight this paragraph.
    very happy

    The miner also successfully raised $40 million in January via a share issue at an issue price of $10.00 per share, more than 40% below the current WA1 Resources share price.

    And to enhance its technical know-how, Clovis Sousa was appointed as Niobium processing advisor. Sousa is a metallurgist with extensive experience at CBMM, the world's largest niobium producer.

    While the ASX mining stock remains focused on advancing exploration at its existing projects, management said "continued efforts are being made to identify and assess new opportunities to enhance the company's exploration portfolio".

    As at 31 March WA1 Resources held approximately $53 million in cash.


    I dont think regal is going to let this go very cheaply at all, and not even considering a T/O. Im going to buckle up and enjoy the ride.
 
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