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14.5¢ western desert resources limited

Ann: Final Director's Interest Notice, page-13

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andrew39

636 Posts.

19/06/14

13:18

Post #: 13545327
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Originally posted by reggierabbit ↑

Great work Mickle. The mail I am getting also is that things are on the up at the mine and that revenue is increasing and keeping everyone happy. Key here I guess is that if WDR can become debt free in a year or so then SP will get a real kicker as long as the iron ore price doesn't next year fall to $US70 a tonne which I doubt. The majors may be flooding the market at the moment but who's to say they won't pull back a little next year to boost the price ? It's been done before and it will be done again. I'm still really annoyed with the way WDR has been run this year and will continue to increase pressure on management. They really have let us all down. I also await appointment of new director WITH MINING EXPERIENCE. After all it is a mining operation isn't it ?

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Great post, totally agree and company needs additional mining board experience.

I have added to my holding at these levels.

Andrew39

WDR Price at posting: 24.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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