Looks like we are having a bit of a stale bull sale! Maybe some...

Looks like we are having a bit of a stale bull sale! Maybe some locking in profits from the last run

If we consider the fundamentals, WAS looks to me to be a great buy at these prices:

Besides their many energy investments ,they will soon be a substantial holder in Rum Jungle Uranium.

To me the market has missed this low entry opportunity.

*$4 million plus in bank (cashed up after oppie conversions
*Large shareholder in Aviva (coal mine & power station)
*Holds convertable otes in Exergy Inc (thermal energy patents & contracts)
*J/V with Daniels Corus Steel maker
*J/V in a bio-diesel project
*J/V in Lilyburt Coal project in Canada

*Rum Jungle Uranium:

Woolner Dome project
Alice Springs EL's
Rum Jumgle (CRE j/v)
Tenant Creek (CRE j/v)
Additional leases to be added

Seek new listing: Rum Jungle uranium.

It looks like it might touch the "clutter of the 4.7/4.8 mark where it traded in December ... but with IPO details about to come out, I dont think traders/ and investors will let it drop below that

Might be some nice bottom feeding opportunities around

cheers