Wesfarmers Limited

ASX:WES

Wesfarmers Limited

ASX:WES
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$64.82 (-1%)
Last close price
#165
Rank
3
Held by
14
Followers
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Reports (4) My Report Forum Investors
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Consensus
edgescape
Company Report
Last edited 2 years ago
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ranked
#8
Performance (52m)
14.0% pa
Followed by
184
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#Industry/competitors
stale
edgescape
Added 2 years ago
View author's company report

A few facts on the Mt Holland project

* Capex of $950m

* FID approved July 2021

* Production begins 2024

Not many facts on EBIT or financials. Will need to go back to Kidman announcements to find the information although most of that will be out of date.

not held but thinking of taking a position.

#Industry/competitors
stale
edgescape
Added 2 years ago
View author's company report

While the share prices of lithium miners/developers continue to outperform the broader market (PLS, LTR, CXO, IGO) it seems Wesfarmers is being left behind.

It seems the market has forgotten the takeover of Kidman Resources a few years ago when lithium was at the bottom of the cycle.

Time to do some research into Wesfarmers lithium asset while market is still asleep.