WFE 0.00% 2.4¢ winmar resources limited

Taking the economic environment for small cap companies into...

  1. 1,451 Posts.
    Taking the economic environment for small cap companies into consideration I'm happy with the uptake. I'm not deviating from the wfe story but I follow closely the BCI story. I'm not a BCI shareholder but reading their latest announcement about their ore reserves, it somewhat excites me about wfe future if managed properly. Is it just me but our resources seems quite good compared?

    i know BCI is light years ahead of us and I'm not trying to make direct comparisons but read this from a BCI report:

    As at 30 June 2014, the NJV had total scheduling inventory available for the life of mine plan within current pit designs and existing stockpiles of 35.4Mt at 56.5% Fe, comprising:
    - DSO Ore Reserves of 27.7Mt at 56.8% Fe;
    - BSO Ore Reserves and stockpiles of 3.9Mt at 54.2% Fe;
    - DSO stockpiles of 0.5Mt at 55.6% Fe;
    - DSO Inferred Mineral Resources within the current pit designs of 3.3Mt at 57.0% Fe.
 
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