WSA western areas limited

Current Panoramic resources is expected to produce 10k pa nickel...

  1. 59 Posts.
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    Current Panoramic resources is expected to produce 10k pa nickel with cash cost of 2.4usd/lb including byproduct credits.

    panoramic resources share is valued at 170m. Odysseus itself requires additional 300m to go into production for 10k pa. nickel.

    just a food for thought. If you were in Wsa's position. would you choose to takeover panoramic or invest in Odysseus?

    Savannah mine of Odysseus has npv of 400m at 6.75 usd/lb nickel, and 600m at 8usd/lb nickel which is now.

    that is 75% discount.

    I was once wsa holder and am still. however Panoramic Resources valuation might be more attractive now.
 
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