WAS 0.00% 0.4¢ wasabi energy limited

Well the rejection today is the market speaking: WAS is now too...

  1. 12,247 Posts.
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    Well the rejection today is the market speaking: WAS is now too cheap for the potential they hold. I have picked up a few more today & will keep doing so, Once they announce details & date of the uranium float, these prices will look a bargain.

    The market is missing this low entry opportunity.

    *$4 million plus in bank (cashed up after oppie conversions
    *Large shareholder in Aviva (coal mine & power station) value $4mill
    *Holds convertable notes in Exergy Inc (thermal energy patents & contracts) Value: $500k
    *J/V with Daniels Corus Steel maker
    *J/V in a bio-diesel project
    *J/V in Lilyburt Coal project in Canada

    *Rum Jungle Uranium:

    Woolner Dome
    Alice Springs EL's
    Rum Jumgle (CRE j/v)
    Tenant Creek (CRE j/v)
    Additional leases from David Muller
    Seek new listing: Rum Jungle uranium

    For a $27mill MC ... it is worth accumulating IMO

    cheers
 
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Currently unlisted public company.

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