The problem is the development costs and labour.
The big attraction of Latin is that it will will cost $400mil to get it producing 500mt a year.
They have cheap energy (Hyrdo) and plenty of cheap labour.
The project economics make it far more attractive then WC8. The risk as you point out, is juristiction. On that basis I'm not sure you can make the claim Wildcat is worth more.
It's all about low capital intesity projects at the bottom of the cost curve. Wildcat is stil attractive but I think there is a lot of false equivalence in your post.
PLS takeover for LRS is highly positive for WC8, page-4
-
- There are more pages in this discussion • 67 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WC8 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
26.0¢ |
Change
-0.015(5.45%) |
Mkt cap ! $319.5M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 27.5¢ | 25.5¢ | $962.5K | 3.663M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 253261 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 62724 | 2 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| WC8 (ASX) Chart |