Bala,
You are aware the options will not be listed?
The Chanach project is the anchor for the share price.
Please read my post below related to Co. announcement on 13-5-2011:
Post number 8606573
Why do you think directors were buying pre placement?
They know the real worth of Chanach!
If the Co is able to find Nickel then thats great. More option to add value.
Other Companies have a market cap greater than WCN based on the Nearology/Nickel factor and are at the Geo Chem stage defining drill targets. We are drilling and at a fraction of the market cap.
Worst case scenario, we have Chanach. That alone is worth the current market cap.
RBA
last chance, page-8
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $22.81M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.4¢ | $57.96K | 3.733M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 6105574 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 352468 | 2 |
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| WCN (ASX) Chart |