WSA
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0.00% $3.86 western areas limited

Well over $3 in my opinion. They just bought a massive nickel...

  1. prosperity
    9,253 Posts.
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    23/01/17
    21:00
    Post #: 22088189
    Well over $3 in my opinion. They just bought a massive nickel resource and higher nickel prices will only increase massive margins. $A1 per lb will result in a $35m increase to EBITDA. Imagine the multiple of current EBITDA we are currently trading at?
    Last edited by prosperity: 23/01/17
    WSA Price at posting: $2.41 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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