WCN 13.3% 1.7¢ white cliff minerals limited

The signing ceremony with the korean consortiam backed by Korean...

  1. 1,188 Posts.
    The signing ceremony with the korean consortiam backed by Korean government is due to take place in Sydney today.

    Koreans injecting up to $5m to explore WCN lease with further deals possible in the near furture.

    Company capitalised at around $2m and has over $4m cash in the back. Tightly held.

    Under their business plan WCN can hold onto their cash and have the majors do the work for them. Any successes could have a huge impact on WCN. IMO looks cheap.

    von.
 
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