WC8 2.94% 33.0¢ wildcat resources limited

I think Gina will be stepping off the gang plank (of her...

  1. 1,580 Posts.
    lightbulb Created with Sketch. 1017
    I think Gina will be stepping off the gang plank (of her apartment on The World) in coming days and getting ready to go back into battle.

    Wildcat stands out as the best target for her to have a crack at.

    Chris Ellison paid 85 cents for his 20% stake

    Gina has just under 5%, so I think she should enter the market soon and accumulate another 15% then make a bid (say 75/85)

    (I know we have hoped for much higher, but time for realism .. the world has now changed)

    Chris and Gina could do very special things with this Leia deposit in that location, particularly with MinRes having surplus concentrating capacity nearby

    If I was Gina, I would go for Wildcat before getting too bogged down with LTR which is 100% underground, 100% floatation (risky on commissioning), very expensive to develop and over 600 kms from the nearest port

    WildCat is on the doorstep of Port Hedland, open cut initially, development costs a fraction of Kathleen Valley, nearby partner infrastructure to value add, open ended exploration upside.

    The biggest beneficiary of the Kathleen Valley reset/delay must be Pilbara Mines and MinRes.
    Last edited by Ladytradr: 23/01/24
 
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