WIN 8.00% 2.3¢ widgie nickel limited

I'm a late comer of WIN, just love the latest Ann of the...

  1. 2,064 Posts.
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    I'm a late comer of WIN, just love the latest Ann of the unbelievable Ni intercept & grades at 132N! Guess at this stage the management will probably still need to answer some of the 'legit' questions (raised here) re true-widths/cross-sections etc. as the market seems to see that as well hence the sp still a bit subdued against such a stunning hit? Of coz any news re offtake agreement will/may help answer some of the doubts/concerns (automatically) one would guess. WIN has a reasonable/simple capital structure: Total SOI - 298.5m (plus circa 10.6m options with ex prices @20c, 30c, and 40c evenly spread mostly) and still had circa $11.8m in the bank by the end of June 2023 (their June qtrly spend in total was some $4.15m with majority spent on exploration related - $3.88m (tells how intensive their exploration activities are) and very tight on staff/admin cost- ~$260k, so very impressive exploration vs Admin cost ratio!).
    Last edited by hkhf: 15/09/23
 
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