WR1 5.22% 60.5¢ winsome resources limited

Ann: Assays confirm Adina as a robust, high-grade lithium project, page-433

  1. 9,612 Posts.
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    You’re more than welcome to make personal attacks, I’m not fussed. But it’s only showing how defensive you are at anyone who points out obvious challenges that will be faced by WR1. These challenges include the amount of time anything will take to get into production in Canada.

    The obvious risk here being that by the time anything comes out of the ground, there will be have been multiple explorers already producing, and any potential supply shortage may be well and truly diminished.

    Having a decent tonnage figure is also not the be all and end all as GL1 has found out recently. The market discounts on a variety of factors including likely capex, including strip ratio and also including the number of years likely to be spent sitting idle waiting for permits.
 
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