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2.4¢ winmar resources limited

Ann: Winmar to seek Dual Listing on London Stock Exchange, page-311

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apkjm

5,172 Posts.

2011

27/02/19

16:36

Post #: 37590101
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Originally posted by binwood ↑

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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Stop being nice to each you lot , I keep thinking I'm on the wrong thread or something Hahahahah

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