WDR 0.00% 14.5¢ western desert resources limited

No, it would depend on how soon they get to their production...

  1. 293 Posts.
    No, it would depend on how soon they get to their production target; how much they spend on proving up the rest of the resource and their plans for capital investment in order to increase production.

    I would like to see them pay off the debt first and then distribute 30-50% of profits going forward. If they can increase shipped ore by 3x by investing 2 years of profit then I would be happy for them to do that as well.

    I am sure they would be doing the cost benefit analysis of many options at the moment. The directors have a lot of equity in WDR so they will be keen to maximise their return.
 
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.