WMT western metals limited

NightStalkerTotally disagree. Cash on hand is being depleted...

  1. 770 Posts.
    NightStalker
    Totally disagree. Cash on hand is being depleted each and everyday. There is no way WMT could ever afford to produce from any of their tenements without help, imho Paladin will eventually take over in TZ & OZ. Same as PDN/DYL arrangement.
    Have you any idea where the Canadien snowbird tenement is? Talk about "in the booaye"! WMT should get rid of that too. It will be a hundred years before there is even any road access there. Then only seasonal.
    I think an ideal JV or "buy into" for WMT would be ADY. HUGE Resources, already producing io, MASSIVE upside lithium/potash but currently cash strapped.
    Just my opinion.
    Currently holding several million WMT shares naturally I would like to see some positive action going forward.
    Cheers J
    Disclose, also hold lots of ADY.
 
watchlist Created with Sketch. Add WMT (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.