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10/11/21
21:33
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Originally posted by BOZENA:
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i do not understanding why IGO or Twiggy has not bought out WSA There is so much more value in WSA assets than the management report in their market updates For example in their production output figures going forward they have Forrestina stopping producing nickel at 2026 Where is New Morning in these figures - mgt answer waiting for environmental approval can't put new morning in so what be positive and assume the mining is going ahead !!! Where is Bio Heap production in there forecast production - answer no where to be seen They told me they expect to produce 1,000 to 1,200 tonnes of high grade per year for 10 years - value one can put on this grade must be north of 30,000aud per tonne- mere 30M income per year !!!! Mgt good operates useless sales people Imagine what Twiggy would do with these assets
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I wish you well but the talk of a 1cent dividend in 2023 and 2024 is less than inspiring. No takeover coming at the current pricing. IGO is uninterested.