here are some nice maps, courtesy of when BHP were looking for...

First 7 Last

Share
Profile

Follow
ddzx

37,911 Posts.

828

23/09/15

07:44

Post #: 16040721
Share

Originally posted by ddzx ↑

WHE is certainly not overvalued in relation to its peers (who are RWD & AMN but not GPH, since the GPH project area is probably too small to have the massive amounts of water required for a SOP project)

while i hold AMN, what WHE appear to have superior to RWD and AMN is existing roads & rail. WHE is closer to an established proper road network. RWD is 450km from port, with 355km of unsealed road, including heaps of 'track' requiring upgrading. AMN probably has better nearby unsealed roads than RWD but is a long long journey to port via road & rail.

the RWD market cap is $87M

the AMN market cap is $24M

the WHE market cap is $18M

WHE is not overvalued at all

in fact, it is undervalued

it is a very good looking project, otherwise i would not be invested in it

plus WHE has proven Ian Middlemass management

i bought GPH at open but after learning about how crucial water is, i sold

GPH must find a massive source of water

Expand

here are some nice maps, courtesy of when BHP were looking for uranium, showing how close Lake Wells is to the main roads

SO4 Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

ASE

Astute delivers high-grade lithium hits at Red Mountain

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

Most investors will get this earnings season wrong. Will you?

ASX Market Open: Lofty bourse has plenty to navigate in Week 31 to stay humming | July 28

First 7 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

here are some nice maps, courtesy of when BHP were looking for...

Top Stories

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

Astute delivers high-grade lithium hits at Red Mountain

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

Most investors will get this earnings season wrong. Will you?

ASX Market Open: Lofty bourse has plenty to navigate in Week 31 to stay humming | July 28

Featured News