Smart money bets on Probability X Win pay out multiple.
Low capex = low dilution = high EPS = high multiple from entry MC.
Would think Howard has made the same conclusion i and many holders here have.
I dont see PMT in his list. ? Why ? the opposite of above.
PMT Probability risk fatal flaw on approvals X low pay out multiple given bloated MC and large capex to fund, an intial 10-15 year low grade starter with dam constructions. Financing risk on low return. / payback period.?
Keep it simple. WR1 pathway to low capex, low risk permitting. = financing achievable.
Ann: Winsome on Pathway to Production with $25m Raising, page-83
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Last
51.0¢ |
Change
-0.015(2.86%) |
Mkt cap ! $112.9M | |||
| Open | High | Low | Value | Volume |
| 53.0¢ | 54.5¢ | 51.0¢ | $274.6K | 516.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | 51.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 53.5¢ | 5500 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| WR1 (ASX) Chart |