WTM 12.5% 9.0¢ waratah minerals limited

Positives: 1) Quality makor shareholders 2) nearology to SYR 3)...

  1. 1,071 Posts.
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    Positives:

    1) Quality makor shareholders
    2) nearology to SYR
    3) relatively early mover
    4) tight spending
    5) good assets / flake size distribution
    6) low capex/opex in future pfs

    Negatives:

    1) Funding risk
    2) potential dilution
    3) relative board inexperience in major project development
    4) number of players and recent entrants into the space

    On the whole, the risk / reward positive/ negative ratio favours an investment in this company in my view although naturally it is still a speculative buy until the project Is derisked

    Dyor
 
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