I picked up some in mid Jan , not the bottom but enough to move to some free carry on the April run.
I posted my cash flow estimates then, showing that I thought a CR would be incoming. Why would I go to that trouble if I’m not interested in the stock?
Numbers I should add that were far closer to the mark than Helios who said I had over estimated and $14m would be spent April - Dec E&E, when they even over shot my estimate and spent well over $14m
Here is a TO target. The reality is sector consolidation will happy as it did with IO.
Here and ALTM (LTM.ASX) are my TO plays. Both are cheap, both are being poorly managed. IMO
The renard option should have saved WR1 from some of the latest drop, instead it’s actually ended up performing worse.
You only have to look at the presentations to see how poorly they are selling the company. This is an explorer it needs capital and to do that it needs to be sold to the market
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