WR1 6.09% 54.0¢ winsome resources limited

WR1 General Discussion, page-10881

  1. 2,998 Posts.
    lightbulb Created with Sketch. 3992
    nah, he didnt flip flop at all. Presentation was good. I see issues with Cancet and agree that more than likely a few dusters were hit, howvever I have also made it clear that the gravity strike near the current deposit should be the focus. That should be drilled when permits arrive and will more than likely provide the extra Mt to impress the market. - Until then even a 50m hit at the edge of the western boundary would not be well received. "you need to build a road, you need to get more helicopter's" Pessimistic pricks everywhere. Simplicity and ease to mine is what is required from Cancet, and thats the extension to the current 3mt.

    Being lucky has nothing to do with the share price now. Its all about consistency.

    Step 1 - Drill the sh8t out of Adina Main. Prove 20mt indicated to a depth of 200m.
    Step 2 - Provide mineralised intercepts below 200m to improve indicated Mt (We already have hole 7 - We have numerous results due)
    Step 3. - Drill between Adina Main east and West. Prove that 3klm Stike in consistent
    Step 4. - Drill the far eastern pegmatite - Add another 600m to strike length
    Step 5. - Drill the northern pegs identified on Gravity Survey.

    These are the steps imo, in an order similar to above the will have the share price rise.

    If all is successful you will have a 3.6klm strike by 1.8klm north. That would make it twice the size of Earl Grey/Kidman.

    So with my research and mafs;

    https://hotcopper.com.au/data/attachments/5193/5193375-3825b5cc743b967af1cabda71c15b529.jpg

    OR am i right...







    Last edited by Helios11: 12/04/23
 
watchlist Created with Sketch. Add WR1 (ASX) to my watchlist
(20min delay)
Last
54.0¢
Change
-0.035(6.09%)
Mkt cap ! $119.6M
Open High Low Value Volume
56.5¢ 56.5¢ 53.0¢ $386.1K 708.9K

Buyers (Bids)

No. Vol. Price($)
3 34458 54.0¢
 

Sellers (Offers)

Price($) Vol. No.
55.0¢ 19498 1
View Market Depth
Last trade - 16.10pm 16/10/2024 (20 minute delay) ?
WR1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.