MinRes dramas will have consequences for WC8, page-7

First 7 Last

Share
Profile

Follow
nolly

1,580 Posts.

51

23/10/24

11:13

Post #: 76258173
Share

Originally posted by Ladytradr: ↑

Hi SurfCharts95

I’m not suggesting that MinRes would be selling their 20% stake at anything like these levels.

i would expect it to be an off market competitive process managed by one of the Perth Investment Banks (maybe Bells because they are closest to CE).

That original Tabba Tabba asset was sold by the current MinRes chairman (James McClements in his capacity as a fund manager) to Wildcat … and then MinRes bought his 20% stake at 80 cents plus.

That was a bit unusual I thought ….

Leaving that to one side now, a great deal of drilling has occurred and knowledge gained during a period when the lithium price has collapsed. The guy running WildCat (AJ) is considered in very high regard around Perth … so the quality of the work and studies will be first class.

my gut feeling, taking all that into consideration is that bidding would ‘start’ at 55/60 cents for the 20% stake in this environment

Expand

A great deal of drilling has occurred while lithium price has collapsed ,So are they waiting for gold to collapse, to drill their Gold tenants with gold over $4100 Aussie.. Very smart guy running this company

WC8 Price at posting: 36.5¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

PH2

Iran, nuclear energy, oil – a revival for hydrogen! Nel ASA, Pure Hydrogen, Plug Power, and Oklo

DYL

Much-shorted Oz Uranium stocks enjoying big week – and big price jumps

ASM

'Encouraging' signs as ASM puts cash-saving options to test at Dubbo drill site

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

BBT

'Clearly superior': Betr doesn't want to accept PointsBet picking Mixi instead

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.

(20min delay)
Last 13.3¢		Change 0.003(1.92%)		Mkt cap ! $184.8M

Open	High	Low	Value	Volume
13.5¢	13.8¢	13.0¢	$72.01K	534.7K

Buyers (Bids)

No.	Vol.	Price($)
18	581839	13.0¢

Sellers (Offers)

Price($)	Vol.	No.
13.5¢	74967	10

View Market Depth

No.	Vol.	Price($)
16	506362	0.130
15	1575976	0.125
17	736229	0.120
8	399517	0.115
4	774045	0.110

Price($)	Vol.	No.
0.135	79694	11
0.140	531267	23
0.145	615174	12
0.150	1115971	8
0.155	250000	3

Last trade - 12.30pm 17/06/2025 (20 minute delay)

WC8 (ASX) Chart

MinRes dramas will have consequences for WC8, page-7

Iran, nuclear energy, oil – a revival for hydrogen! Nel ASA, Pure Hydrogen, Plug Power, and Oklo

Much-shorted Oz Uranium stocks enjoying big week – and big price jumps

'Encouraging' signs as ASM puts cash-saving options to test at Dubbo drill site

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

'Clearly superior': Betr doesn't want to accept PointsBet picking Mixi instead

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

MinRes dramas will have consequences for WC8, page-7

Top Stories

Iran, nuclear energy, oil – a revival for hydrogen! Nel ASA, Pure Hydrogen, Plug Power, and Oklo

Much-shorted Oz Uranium stocks enjoying big week – and big price jumps

'Encouraging' signs as ASM puts cash-saving options to test at Dubbo drill site

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

'Clearly superior': Betr doesn't want to accept PointsBet picking Mixi instead

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News