WR1 2.61% 56.0¢ winsome resources limited

WR1 General Discussion, page-31632

  1. 1,328 Posts.
    lightbulb Created with Sketch. 1973
    Come on Mick, maybe time to up the dosage of your SSRI cocktail.

    management delivered one of the fastest-grown resources in recent memory, in terms of km drilled to lithia units discovered.

    and they delivered the incredible Renard option / it fell into their lap.

    The lack of buzz is an issue, but with sentiment in the dumps due to Chinese shenanigans, it's probably better they delay news for as long as possible. Not good for traders but better for long-term holders.

    Suppressed spod price = harder to get financing to bring new supply online = a more favourable medium-term pricing environment. So for WR1 which doesn't need huge capex funding, and will likely be able to supply spod in 2027-28, these shenanigans are actually quite good, in terms of removing competition. Short term SP pain though.
 
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