Is there anything that can stop WAS SP from taking off??
On a 24 month projection the mine(s) will have a minmum of $800 million annual income with Nickel alone. I haven't included all the copper and platinum group metals.
With Mkt Cap of 1.07 Billion this equates to PE of 1.33!!!
WAS keep reporting new finds of massive sulphide deposits in all 4 areas. With grades around 6.5% Ni (reaching 14.7% in places this is one of the richest and largest) deposits around...... anywhere!
With stated production costs of only $2.50/lb and fwd sales locking in at $13.50/lb the figures speak for themselves. Mining ore has already started (stock-piled)and refined nickel production is only 3 months away.
Surely BHP, Extrata, RIO et al will consider a takeover at about $50/share now.Otherwise i reckon a SP of $80-100 within 3 years is not outlandish.
What can stop this stock now? How come the media are not featuring it?
what can stop this stock
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