Australia's largest stock trading and investment forum Australia's #1 stock forum

WFE

Click for more information

0.00%

2.4¢ winmar resources limited

Again sorry about two reply's man ! Your Quote: IMO it is...

First 297 Last

Share
Profile

Follow
apkjm

5,172 Posts.

2011

27/02/19

16:08

Post #: 37589573
Share

Originally posted by binwood ↑

I think the NZC deal has broader implications for WFE than some holders might think.

Chengtun have just built an SX-EW plant and have been in offtake talks with NZC for 12 months. Instead of buying NZC ore their conclusion to the conversation was to take out NZC. Now why would this be the case? IMO it is because the value is in the feedstock and not the end product as some have been saying on here for ages.

If the 3rd party model worked, why drop $114m on a smallish resource if you're Chengtun?

Expand

Again sorry about two reply's man !

Your Quote: IMO it is because the value is in the feedstock and not the end product as some have been saying on here for ages. I do not recall anyone ever saying that

( buy in price) is 1st and foremost. Any mug business operator knows you make the money in the buying , not the selling

WFE Price at posting: 2.4¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

Bitcoin jumps 8% to beat record on Trump vote optimism

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

SI6

Nanocap Si6 Metals to kick off drilling at Monument gold project WA, chasing past hits

RLF

Lord picks up high-grade copper play in Western Australia, with past intercepts of up to 6.62%

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

There are more pages in this discussion • 51 more messages in this thread...

First 297 Last

Add WFE (ASX) to my watchlist