WA1 2.93% $17.92 wa1 resources ltd

Question now is do we see a big retrace like the last few...

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    Question now is do we see a big retrace like the last few times... My thought is no on the basis that the last two heavy retraces were followed by CR's. With $50m in the bank they wont need to raise until PFS stage.

    Also the consolidation around the $14's was significant, rather then the blow off the top and instance retrace that we have seen in the past.

    $20 hopefully comes into play soon.. Have said all along the first $1b is the hardest... the second will come much faster,
 
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