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Why has WA1 Resources' Share Price Surged by 400%? — ASX:WA1| ASX Mining News & Discussion
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Lykeshares Official
$WA1 Why has WA1 Resources' Share Price Surged by 400%?
An exploration company is making waves with its impressive drilling results at the West Arunta Project

Share Price Surge

WA1 Resources Ltd (ASX:WA1) has experienced a remarkable 400% surge in its share price since last year. The company's drilling efforts at the 100% owned West Arunta Project in Western Australia have yielded strong results, contributing to this significant increase.

Successful Drilling at West Arunta Project

The management of WA1 Resources believes that the drilling conducted at the Luni carbonatite deposit will make a substantial contribution to the maiden mineral resource estimate for Luni. This estimate is set to be completed in the first half of 2024. The ongoing reverse circulation and diamond drilling efforts have already covered nearly 26,000 meters this year at Luni. The company is expecting a steady stream of assay results in the coming months.

Positive Market Response

As a result of the promising drilling results, WA1 Resources' share price has soared. Shareholders ...
Why has WA1 Resources' Share Price Surged by 400%?

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Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
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Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
L
Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?