WFE 0.00% 2.4¢ winmar resources limited

Ann: Winmar to seek Dual Listing on London Stock Exchange, page-309

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  1. 7,151 Posts.
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    Yeah sure. And if WFE hit something decent on their own leases and have a working plant it has value for sure. I just don't agree with 10c calls etc on opening. I think cashflow will be minorly positive while using 3rd party ore and at current metal prices and as such won't justify stratospheric valuations. It still gives them a good lead in.

    Tbh NZC was the last Co stock I was really interested in on the ASX and that was mostly because cashflow was Cu dominant. WFE is interesting as it's different to everyone else. I am just not convinced it works in the early years.

    Hopefully it does. We could use some money in the spec end haha
 
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