WR1 6.50% 57.5¢ winsome resources limited

WR1 General Discussion, page-32487

  1. 7,475 Posts.
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    That's the most reserved I've ever seen those two men being re lithium in all the videos I've watched. They are right, I think, in saying that investors need to be very selective when it comes to choosing a lithium stock to back, and that certain companies will struggle to get finance to enable development, and be in trouble, in the prevailing climate. I rate our chances pretty much as good as anyone's, provided Renard stacks up in the upcoming PEA. Our projected timeline should assist as well. Most pundits expect increased demand and pricing by the time we could be producing, and that seems to me far better than trying to bring a project onstream right now, especially for a company with a large debt burden. Additionally, after a hopefully promising Renard-inclusive PEA, it seems inconceivable that either a strategic player or a larger fish wouldn't want to step in, especially considering our very low MC, so for anyone who didn't acquire their stock at a much higher price I see little to worry about.
    Last edited by seaemay: 29/08/24
 
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