Jumped on this one this morning at 0.56 after a bit of research it looks pretty decent a lot of potential could be a very interesting 2nd half of the year. I didn't expect to be up 10% today, hoping it continues next week
Yeah I dipped my little toe in the other day at 0.50 as I saw it coming out of the 40's... hopefully a fun ride from here
Yeah not long to wait guys I'd say we must be very close to getting an update
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
Hey JB, Seems like pretty low grade to me.
Scale & recoveries will be key.
Due the grade I would imagine the Capex would also be pretty high.
Haven't done a thorough read so happy to be corrected on any of the above.
AS we can see the hits of mineralization are across the large area .. so really early days far to early for CAPEX number we first need to see what WMG have come across...
I think the MT Survey will greatly help here... focus further drilling on the best targets...
some really deep drilling at present sounds like the latest drill going be near 1500m!!
I guess the big teaser is all the locations of "remobilised sulphide" with those high grades of Nickel
• Sulphide material migrates along faults and fractures – from where?
Then of course WMG have been finding large intersections of lower grade Ni upward 300m etc ..very Mt Kieth
Also I like the fact WMG has some great mgmt ..like
Dr Benjamin Grguric
Technical Director
Ben has extensive experience in mineral exploration and scientific research, with direct involvement in a number of gold and nickel discoveries over the last 30 years. Ben is considered a leading expert on WA nickel sulphide exploration with over 50 peer-reviewed scientific papers. Ben spent his early career with WMC Resources/BHP, in particular at the Mt Keith Nickel Operation, managing brownfield and greenfield nickel sulphide exploration in Western Australia. As Geoscience Manager – Australia for Norilsk Nickel, Ben was responsible for exploration strategy across their portfolio of WA nickel assets and directly involved in the discovery of the West Jordan Type 2 nickel sulphide deposit. Ben holds a PhD in Earth Sciences and is a fellow of the Australian Institute of Geoscientists (FAIG) and the Society of Economic Geologists (FSEG).
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
Yeah ...one I wish I didn't load up as much as I did .... had couple good trades and should have just got my funds back and broke even on my last trade in the mid 50's
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
Yeah ...one I wish I didn't load up as much as I did .... had couple good trades and should have just got my funds back and broke even on my last trade in the mid 50's
You were very lucky and good timing, down now to .28 !!
Originally Posted by APH1
Reply With Quote
Bookmarks