WR1 14.0% 61.0¢ winsome resources limited

Ann: A$34m equity raise at a significant premium, page-170

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  1. 9,819 Posts.
    lightbulb Created with Sketch. 5225
    Doesn’t pass the sniff test.

    If LRS are already 12-18 months ahead on progress alone and are producing in 2026, a 2027 production date for WR1 would mean the Canadian govt permits WR1 in the same amount of time as the Brazilians will permit LRS.

    I don’t know anyone that thinks Canada can permit on the same timeline as Brazil or even anywhere close.

    Talk is cheap - actions are what counts and the Canadian govts actions have always demonstrated approx 5-6 (or more) years to obtain permits.
 
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