The options appear cheap at 4 cents (if you can get them) provided this company can establish a real project before early next year. If they announce tolling contracts and yellow cake sales contracts they will rocket. Hopefully for holders they can do this reasonably soon.
The doubt is when/if they will do this. They unfortunately, like GDN, talk up a good story but rarely deliver. I'm not sure about the advantages of dual listing on the TSX either. I would have thought the ASX has been a great milking cow for both WCU and GDN.
The advantage of being able to right off exploration losses in Canada may be attractive to WCU but who knows until the board tells all.
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not long to go before mining i hope, page-6
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