Whilst I've been pondering over WFE's decision to dual list on...

Whilst I've been pondering over WFE's decision to dual list on the LSE & ASX, I recently stumbled upon RSG's (Resolute Mining) recent announcement to do the same. RSG announced they were going to dual-list on the LSE in November 2018. Hmm... Curiosity beckoned me to look further into this.

And....Lo & Behold! When one compares WFE and RSG point for point, it is literally exactly the same motivations for dual listing on the LSE! Mind-boggling.
1. RSG like WFE will also be listed on the main LSE.
2. RSG like WFE also looking to list on LSE by 1st Half CY2019.
3. RSG like WFE looking to be valued properly.
4. RSG like WFE looking for more long term growth and expansion down the road and hoping this potential gets valued. (Scale & Ambition recognition)
5. RSG like WFE thinks strong appetite for African miners/producers.




Previously, there were two most probable scenarios in my mind as to why WFE went on the dual-listing route, and on the LSE too to boot:
1. To spur the ASX into action with some competition (LSE)
2. To as the announcements state, increase Winmar’s international profile and significantly improve access for European and UK based institutional investors

Increasingly, I am of the opinion that it appears to be the latter scenario. WFE could've done a dual-listing on the TSX. Honestly it would've been cheaper and arguably, much easier if it was simply a fraudulent a pump and dump. Why not? Well, it appears to be the case that LSE has much more appetite for African miners etc, provided you are the REAL deal. The RSG CEO in the video below even mentioned LSE valued the growth and long-term value potential of African miner cos better.

Hence, judging by how hard Jason has been working to make WFE succeed whatnot with the business model that he is steadily but surely putting it together, along with the fact that as chairman himself he'll be chipping in 500k of his own money for the coming cap raise if approved, all seems to point towards Jason being in for the long haul on this particular co. WFE.

Very interesting times ahead. Fundamentals really aligning even as LME will be in the process of purging Unethical Cobalt. Outstandingly high grade supply (multiples of the Cobalt grades in Aussia miner wannabes) will more or less put us pretty much on the very bottom of the cost curve, as one of the lowest cost Cobalt producers on the planet.

By no means do I even consider Jason to be done with this baby once we're in full production at the Luapula Processing Plant. Judging from recent comments from his interview earlier about a potential strategic investor to help with the offtakes and to expand production, it's really hard not to wonder how far we can really grow... 

Perhaps, it is like what a poster here coined, the End Game...Or perhaps, this is just the Beginning!  Looking forward to more news. I'm guessing many will be watching too from the sidelines.