WR1 General Discussion, page-25498

because the cash runway should deliver the 100mt, then you might also be in the middle of a rising lithium price, would you take $2 now ? or more in a rising lithium market with larger MRE under your belt ?

Its an interesting question. Because $2 now would buy a whole lot of others , but none of them anywhere near WR1 class. / come probability of great things by maintaining the growth and development/ OEM takeover.

The question is where the re-rate is best, and probable.
A scarred market will gravitate to those with credible development pathway, and when the best are showing their wings again, create that love affair with the tier lower to try and follow on its coat tails.

Also, there are the very bottom dwellers. Those with fertile ground shown, but are priced at shells.
There could be many multiples bags if some of these shells, took further entries at rock bottom prices, waited for the thaw, and then sector lift following the leaders like WR1 that got taken over for $500-1b etc, when looking for the next.

Part of the issue, is that there are now dozens of lithium stocks who came like moths to the flame. But how many of them can funnel money flow ? While they have their unique claims to fertile ground, it is only the significant drill bit and when in trend of other major discoveries in the region, anticipate speculation.

Right now, speculation in these microcaps is dead. And priced at shells. Could make a bag, just betting on the ones who have proven fertility. And that is like WR1 going from $2.00 opportunistic to $5.00 / billion dollars or more.

So if you had $2.00 now for WR1, would you take it, and buy the micro caps ? or even the next tier with higher fertility ? Or are you better off with WR1 taking the higher MRE case to a larger prize.

A 3 - 4 m MC micro cap at shell pricing, can go to 15-20m mc, very easily in a warmer sector. And a 20m mc today, with proven drills can rise to 100m mc if it shows continuity of MRE. And 100m mc to 500m if it has global scale.

The question is about probability, and who gets onto the running track first in a sector thaw.
Those that are priced at shells are because they dont have the cash to drive their agendas in the winter.
All winters come to an end. And for now, it is WR1 that has the logs to keep burning on the fire to keep the Indians warm.