I notice that WRK has annouced a new resource target of about 20 to 60mil tonnes around 60%.
Interesting how Hannans put their backing behind the AGO merger yesterday then WRK come up with a new resource target this morning..... it is clear that WRK see more long term value in being part of the growing AGO than being gobbled up by a bigger player.
I wonder if both WRK & AGO will benefit from this news this morning?
My thoughts are we could a nice jump today, maybe back into the 1.80's
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