WTM 12.5% 9.0¢ waratah minerals limited

Agree, all of the above disappointing. Versus 12 months ago...

  1. 789 Posts.
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    Agree, all of the above disappointing.

    Versus 12 months ago though, we've a mining license, port allocation and a number of offtake agreements. We've also raised a third to a half of the CAPEX to construct the first stage of a mine, while progressing a DFS for a 2nd, equally impressive mine.

    For a potential investor, I think it's difficult to argue the investment proposition 12 months ago was more compelling than it is now.

    For a potential customer I'd argue that the case for a forward agreement now is far more compelling than it was 12 months ago.
 
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