WA1 0.71% $21.20 wa1 resources ltd

General discussion, page-5248

  1. 11,013 Posts.
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    whilst i am interested in hearing more about mets, i am certainly not nervous. Everything we know about the investigations so far is positive, everything about the funds buying in at higher and higher prices on each cap raise says the narrative out of the company is good, the market/competitor comparisons on mets are comforting, the hires they have made in this area are comforting. And the difference with CHN is that our profitability is not going to hinge on a certain recovery rate - unless we end up with a drastically different outcome than expected. Even if you assume an average met result we still prove to be exceptionally profitable based on how high grade and not deep we are.
    Mets gives me no nerves. I just see it as another step in the revaluation journey - so of course i want it asap!
    Last edited by rolf2903: 12/04/24
 
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