WR1 0.88% 57.5¢ winsome resources limited

WR1 General Discussion, page-4361

  1. 17,074 Posts.
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    Could be the case this is the only Lithium stock to be in smile.png
    What other Lithium plays out there offers our level of value points below - IMO not financial advise!

    The name of the game is Know our Value and that makes our decision to hold or fold easy smile.png

    What is WR1's value based on the below points:
    • Near term producer in a strategic Lithium play in Canada - non China aligned Lithium play targeting North America supply chain independence.
    • Possibly world class deposit with hits up to 160 meters @ > 1% Li2O on DRY LAND with environmental studies well advanced
    • Access to Canadian Charity Flow Thru cap raise mechanism to raise funds at up to 2x our market price every time we need exploration cash.
    • Very generous tax rebates on all exploration expenses by Quebec govt
    • Very low dilution on pathway to production thereby protecting all shareholder's capital interests
    • Extreme low cost Capex if just DSO or DMS production; metallurgy studies shows Cancet Li recoveries rates at 80% to 90%; Adina at over 70%; profitability on DSO or DMS SC6 concentrate are both highly enticing.
    • Extreme low opex with all infrastructure in place and cheap clean Hydro-power access
    • CE ex Altura mine and Stephen Biggins ex Core Lithium boss at the helm
    • World class ESG credentials when in production due to our location and access to the right infrastructure.
    • Huge leverage from our offtake rights which remains 100% uncommitted - could set of an auction scenario of highest bidder takes all imo
 
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