Ann: Adina Main Zone strike length extended to over 1,300m, page-223

First 223 Last

Share
Profile

Follow
Valyria

153 Posts.

21

29/11/23

14:51

Post #: 71171527
Share

Originally posted by stevenjd: ↑

Now think about all the other stocks that end up with a 10-20mt resource. And the many other explorers who that just fail to deliver even that.

We are miles out in front of the pack. And the BET is simple.

Best metrics for a predator, and equally as good economic advantages if we go the full develop route ourselves.
What does the future look like ? Not in the hands of the soft sellers, but driven by the cream rising to the top.

A predator will sort that out.
All we have to do, is make that bet, and the soft hands will simply whinge later, why they never catch a break.
It is because they are influenced by their emotions who join same in deflating the sp. They are the root cause of their own poverty and misery.

My lesson from Lithium 1.0 and 2.0, failing to ride long with LTR, SYA etc for small gains, i missed the bigger value that comes when deep pockets accumulate all the soft hands and back the cycle to return to strength, and predators to line up.

A vertically integrated predator, is not so worried about margins, its about security of supply. Which means that they dont need to wait for the commodity cycle to rise again, rather it is in their interest to acquire when things are at their low point.

Add this up, commodity cycle at lows, MRE about to hit in say FEB, and then a predator is picking low hanging fruit, than having to pay up for the really high branches. If they can buy us out for 500m-1b, rather than 1-2b as might be the case in a hot commodity cycle high. = More or less probability do you think that corporate action is likely to follow MRE ? when the commodity cycle is at the low, or the high ?

Not investment advice.

Expand

If this goes for $500m I suspect there will be quite a few angry holders.

WR1 Price at posting: $1.08 Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

Reply

Top Stories

PAR

FDA hands Paradigm Biopharma guidance to re-jig phase 3 osteo trial – or is it a delay?

Essential Energy conference: Streamlining approvals key to the green energy transition

HVN

Harvey Norman clocks subdued gains as Echo Law's junk warranty class action kicks off

BPM

BPM Minerals hits high-grade gold at the Claw Project WA; shares jump 86%

88E

HotCopper users smell capital raising as 88 Energy says "significant update" at Phoenix

There are more pages in this discussion • 40 more messages in this thread...

First 223 Last

Add WR1 (ASX) to my watchlist

(20min delay)
Last 49.0¢		Change -0.030(5.77%)		Mkt cap ! $107.0M

Open	High	Low	Value	Volume
52.0¢	52.0¢	49.0¢	$259.0K	514.8K

Buyers (Bids)

No.	Vol.	Price($)
2	15000	49.0¢

Sellers (Offers)

Price($)	Vol.	No.
49.5¢	4256	3

View Market Depth

No.	Vol.	Price($)
3	27154	0.485
3	115200	0.480
4	36905	0.475
1	4800	0.470
2	84800	0.460

Price($)	Vol.	No.
0.495	4256	3
0.500	9061	6
0.505	819	1
0.510	8472	2
0.525	2000	1

Last trade - 15.51pm 18/09/2024 (20 minute delay)

WR1 (ASX) Chart

Ann: Adina Main Zone strike length extended to over 1,300m, page-223

FDA hands Paradigm Biopharma guidance to re-jig phase 3 osteo trial – or is it a delay?

Essential Energy conference: Streamlining approvals key to the green energy transition

Harvey Norman clocks subdued gains as Echo Law's junk warranty class action kicks off

BPM Minerals hits high-grade gold at the Claw Project WA; shares jump 86%

HotCopper users smell capital raising as 88 Energy says "significant update" at Phoenix

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Adina Main Zone strike length extended to over 1,300m, page-223

Top Stories

FDA hands Paradigm Biopharma guidance to re-jig phase 3 osteo trial – or is it a delay?

Essential Energy conference: Streamlining approvals key to the green energy transition

Harvey Norman clocks subdued gains as Echo Law's junk warranty class action kicks off

BPM Minerals hits high-grade gold at the Claw Project WA; shares jump 86%

HotCopper users smell capital raising as 88 Energy says "significant update" at Phoenix

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News