WPG wpg resources ltd
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wpg's strategic direction post-ost transaction

  1. richrichie
    3,394 Posts.
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    08/09/11
    16:31
    Post #: 8934510
    Given that with alot of cash at hand and only having coal assets and port.

    What's the direction of the company going forth?

    Would WPG still be interested in other iron ore assets in SA?

    In 2009, WPG was interested in farm-in AON's Commonwealth Hill iron ore tenements, but withdrew due to the lack of certainty as it was within the Woomara Defense Area.

    Now that the Defense Dept has given clarity on usage of the area for mining. Would WPG still be interested in iron ore in Commonwealth Hill?
    WPG Price at posting: $1.25 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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