WC8

2.94%

33.0¢ wildcat resources limited

And other experts have a very different opinion. Respect that....

First 17 Last

Share
Profile

Follow
John515

262 Posts.

64

12/04/24

21:31

Post #: 73323921
Share

Originally posted by calmbeforestorm: ↑

Due to the poor responses to my views on WC8, I consulted geologists and mining experts for a view. The organisation I consulted have identified a long list of potential tier one and tier two discoveries at an early stage. They identified WC8 to be one of those last year. Not all the stocks they have identified have ended up with an economically viable deposit or good SP gains (eg CHN<, ALK, IR1, etc) but most have had extremely good returns.

I asked them what their current view of WC8 was and this is what they stated early today (I agree with them on tons):

"In our view WC8 has certainly made a sizeable discovery, its shortfall comes from its grade (as you mentioned) and the deposits geometry which is not ideal from a mining and waste ratio perspective. We believe that the deposit would struggle economically on its own.

At this stage we estimate a resource sized between 80-100Mt @ 0.8-0.9%, this is well below average grade indeed (we like to see >1.1%)"

Seems their view is the same as mine, funny about that!

Why would an informed investor buy shares in a stock with a MC of circa $1b including all the well in the money options, with a project that would struggle to be financially viable on its own? Uninformed or naïve investors, speculators and maybe up-rampers and dumpers would.

All the up-rampers can all stick it up your pipe and smoke it as you are all drinking the green cool-aid of WC8 management and board hyping this stock. Good luck as you all need it.

I will not be reading any responses or responding to comment to this post so you can comment all you like as it will be a waste of time.

There is an old saying something along the lines of the investor with the most data and information is the best investor ie do thorough research to be a good investor or lose money.

PS: the place to be now and in the next 12-18 months are gold, silver, copper, zinc and tin stocks, not any lithium stocks unless the lithium price goes up substantially.

Expand

And other experts have a very different opinion. Respect that.
You don’t like it? Walk on.
Thanks for trying to “save” us all thought. Admirable.

WC8 Price at posting: 57.5¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

Reply

Top Stories

RDN

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing

ASX Market Update: Shares fall flat as GYG soars on debut | 20 June, 2024

BRX

Belararox delineates another porphyry in Argentina at Tambo South

Plagues precede widespread power shifts. We’re living in one – and minerals are at the fore

EMD

Emyria's Empax Centre chosen for mental health clinical trial

FHE

Frontier Energy achieves key milestone for Waroona energy project

STX

Strike Energy secures $153 million for Perth Basin gas projects

AML

Cultural heritage agreement puts Walford Creek exploration back on the map

SBW

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

There are more pages in this discussion • 9 more messages in this thread...

First 17 Last

Add WC8 (ASX) to my watchlist

(20min delay)
Last 33.0¢		Change -0.010(2.94%)		Mkt cap ! $398.1M

Open	High	Low	Value	Volume
33.5¢	34.0¢	32.0¢	$1.093M	3.332M

Buyers (Bids)

No.	Vol.	Price($)
1	54567	32.5¢

Sellers (Offers)

Price($)	Vol.	No.
33.5¢	25887	2

View Market Depth

No.	Vol.	Price($)
1	54567	0.325
7	228900	0.320
2	172800	0.315
5	160446	0.310
8	256745	0.305

Price($)	Vol.	No.
0.340	3071	3
0.350	50360	2
0.355	6394	1
0.360	117714	4
0.365	73783	2

Last trade - 16.10pm 21/06/2024 (20 minute delay)

WC8 (ASX) Chart

And other experts have a very different opinion. Respect that....

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing

ASX Market Update: Shares fall flat as GYG soars on debut | 20 June, 2024

Belararox delineates another porphyry in Argentina at Tambo South

Plagues precede widespread power shifts. We’re living in one – and minerals are at the fore

Emyria's Empax Centre chosen for mental health clinical trial

Frontier Energy achieves key milestone for Waroona energy project

Strike Energy secures $153 million for Perth Basin gas projects

Cultural heritage agreement puts Walford Creek exploration back on the map

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

And other experts have a very different opinion. Respect that....

Top Stories

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing

ASX Market Update: Shares fall flat as GYG soars on debut | 20 June, 2024

Belararox delineates another porphyry in Argentina at Tambo South

Plagues precede widespread power shifts. We’re living in one – and minerals are at the fore

Emyria's Empax Centre chosen for mental health clinical trial

Frontier Energy achieves key milestone for Waroona energy project

Strike Energy secures $153 million for Perth Basin gas projects

Cultural heritage agreement puts Walford Creek exploration back on the map

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News