WSA 0.00% $3.86 western areas limited

Hi everyone,So far the Nickel price is holding very nicely and...

  1. 9,503 Posts.
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    Hi everyone,

    So far the Nickel price is holding very nicely and if anything is going higher since my last post when it was just above the $10.

    With the Ni price now above the US$12.35 , WSA is making a fortune.
    Just remember with WSA having a production cost of around the A$2.50/lb, WSA is making more then A$10 /lb with the current Ni price

    You can do your own sums and know what I mean.

    I still stay by my post that I think that we have here the best junior Ni producer on the ASX, and that we will be well rewarded being a shareholder in this company.

    And remember WSA has a policy to pay 50% of the profits this company makes as dividends to its shareholders.

    good luck and enjoy the ride , because it will come.

    jojo
 
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