Dona Ferentes
Did the Thessalonians write back?
- Joined
- 11 January 2016
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Listing date | 8 February 2022 12:00PM AEDT ## |
Company contact details | http://www.wa1.com.au/ Ph: (08) 6478 7866 |
Principal Activities | Mining exploration |
Issue Price | AUD 0.20 |
Issue Type | Ordinary Fully Paid Shares |
Security code | WA1 |
Capital to be Raised | $6,000,000 |
Expected offer close date | 17 December 2021 |
Underwriter | Not underwritten. Euroz Hartleys Limited (Lead Manager). |
Bought in at 70c today ?Exciting rare earths find at the West Arunta Project announced today by WA1. Nice thick intersection and a really good result for the first hole drilled.
View attachment 148479
Looks like they've just intersected the top part of a mineralised zone. Further drilling to deeper areas should flesh out what they have here.
View attachment 148480
Can’t believe it hasn’t retraced yet as my buy is usually the top. Now 94cBought in at 70c today ?
lol now $2Can’t believe it hasn’t retraced yet as my buy is usually the top. Now 94c
so far only a Please Explain replyDamn another day to wait
Had every right to capitulate yesterday but fought back strongly with ultimately $2 being to tough to crack with traders exiting. According to the speedo there’s a bit happening next week. 83c to $1.76 this week. $1.76 to ?????? next weekso far only a Please Explain reply
The Company considers the following factors could potentially explain the recent trading in its securities.
(a) There has been substantial recent media coverage of the Company’s mineralised carbonatite system discovery that may explain recent trading in the Company’s shares.
(b) On 18 August 2022, WA1 announced completion of drilling at its West Arunta Project, including preliminary geological and visual observations from the drilling program.
(c) On 26 October 2022, WA1 announced the discovery of a mineralised carbonatite system, the first of its kind in the West Arunta region, in the first P2 target drillhole (PARC003) completed by WA1 as part of its recent drilling campaign.
(d) As flagged in the 26 October 2022 announcement, the Company is now assaying all single-metre splits for the entire length of the PARC003 discovery hole (including the top 74m of the hole). Following enquiries with ALS Laboratories Perth, the Company anticipates that it is likely to receive the single-metre assay results with regard to PARC003 in mid to late November 2022.
(e) The Company has stringent confidentiality protocols in place with ALS Laboratories, its external consultants and internally, including using a secure server with limited access, to ensure all data, including assay results remain confidential.
(f) Additional specific information as requested separately by ASX:
...... (1) As announced to ASX on 26 October 2022, the Company is awaiting assay results from ALS Laboratories for the remaining 6 holes. Preliminary, partial and incomplete composite assay results from limited intervals have been received from 2 of 3 holes at the P1 target (PARC002 and PARC004) and 2 of 3 holes at the Luni target (LURC002 and LURC003). Following enquiries with ALS Laboratories Perth, assays for these drill holes are currently expected to be received mid to late next week. Analysis at ALS Laboratories is ongoing with regard to all holes and also includes re-assaying of certain intervals within the preliminary and incomplete intervals as noted above. Following the receipt of assays further analysis may be required utilising varying assay methodologies (e.g. overlimit analysis, if required, via lithium borate fusion ME-MS85 and MEXRF30). It is intended assay results will be released to the market once they have been received from ALS Laboratories and have undergone comprehensive review and QA/QC by the Company to ensure confidence in the quality and accuracy of the data.
....... (2) Petrographic analysis is being undertaken in relation to all 7 drill holes. A draft report by the Company’s external consultant contains preliminary and incomplete petrographic observations and is currently undergoing internal review, with unresolved queries present that require further engagement with the consultant and receipt of assay geochemical results before any determinations can be made.
Has been in Trading Halt, now suspension to raise the money..., Money for drilling and exploration at its West Arunta project, determination of drilling targets at Madura and Hidden Valley and for general working capital.WA1 looking to raise $7 million to $10 million via a single-tranche share placement. Its brokers were offering shares at $2.00 each, which was a 13 per cent premium to the last close.
Good morning
Up 61.58% - gone to Pluto
Not holding.
Kind regards
rcw1
Good afternoon @Swervin MervinBought in yesterday at $3.50
See how many trading days it takes to get to $10
Not many I’m thinking
... what a stock!!!Bought in yesterday at $3.50
See how many trading days it takes to get to $10
Not many I’m thinking
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