WSA 0.00% $3.86 western areas limited

Have been following for a while, bought some yesterday after...

  1. 165 Posts.
    Have been following for a while, bought some yesterday after announcement.

    Looking for 47 in short term, although seems to be resistance at 40/1 area.

    15m of nickel at over 2% is pretty good even though it was deep.

    Market cap is $25million.

    When Capricorn Resources hit similar deposit 5 years back they went to 70 million cap on only 40% share of the deposit. That deposit became Emily Ann in LionOre that was recently taken over.

    Times have changed, as a few good exploration results from other companies have had minimal impact on their prices in the medium term.


    Regards,
    noip
    Long since yesterday.
 
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