You're probably right, I don't think I quite understand your point of view there.
Murrin Murrin wasn't owned by Glencore when it was commissioned, that only happened very recently.
Likewise Windimurra wasn't owned by big money originally (but we all know what happened).
Of course there were casualties along the way (Cawse, Bulong, etc)
Why would you build something that could bankrupt your company, or that isn't profitable (or only marginal ). Sometimes it is better to leave the dirt in the ground, all comes down to risk and business proposition. But I'm a bit confused by these comments, because WSA isn't doing any of these things.
I like WSA, because they seem to know what they're good at and stick to it. Taking only prudent risk.
Well that's my view anyway.. could be completely wrong.
Fingers crossed for the rebound anyway.
WSA Price at posting:
$2.56 Sentiment: Hold Disclosure: Held
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