WDR 0.00% 14.5¢ western desert resources limited

depth, page-16

  1. 5,669 Posts.
    lightbulb Created with Sketch. 718
    The weakness in SP forced me back to my calculations before xmas and I can't remember what scenario I laid out but it had me questioning the profitability of the mine.

    I sincerely hope that I/we/the brokers/Mathieson/Perrin etc haven't overlooked some startling piece of info that the rest of the market sees. Mr Market is not always right but he does get it right most of the time.

    What does he see that he doesn't like? Forecast costs too low (unrealistic)? Ability to hit 3mtpa (unlikely)? Off-take too generous for Noble (bugger all margin for us)?

    The doubt sure is creeping in.....

    Could be exactly what the manipulator want to create: doubt.

    I ain't going anywhere!
 
watchlist Created with Sketch. Add WDR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.