WSA 0.00% $3.86 western areas limited

nickel breaks us $12.50 per lb

  1. 23 Posts.
    I just couldn't help myself, but was wondering why this stock wasn't flourishing on the ASX at the moment?

    Maybe it's me, but WSA is a money making machine at US $10 per lb let alone at todays price of US $12.50 per lb. Is it something I'm just not getting?

    Don't get me wrong, I have enough of this stock and wasn't looking to sell out any time soon, but this Company seems way off the radar. Is it nickel? Is there a view nickel will be in the doldrums anytime soon? Is it the lack of dividend? I personally thought this Company was capable of paying a 20 - 40 cents without too may hassles?

    I suppose what I'm asking is why is there no real interest in this stock atm?

    Nickel price going up. Production going along nicely. Grades appear to be exceptional and mine life looks good also.

    Somebody help me out here, what is it that's not sparking interest out there?

 
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