WR1 General Discussion, page-32643

The CCP activist keeps pretending his repetitive points have not been addressed. He keeps pretending Quebec ("too cold for mining!") is not one of the most investable mining jurisdictions in the world (#5 in latest Fraser Institute survey.)

Corvette and James Bay face restrictions on the amount they can haul along those roads, which means a ceiling on production. Corvette in particular would need its full planned 800ktpa SC to justify its massive capex. Most likely both would not be able to connect to grid power until Hydro Quebec has upgraded capacity.

WR1 by contrast has:
- 1bn+ capex plant already built (available for 50m)
- with a processing facility that requires only minor upgrades
- all associated permitting at Renard, and greatly simplified permitting at Adina
- roads south to rail hub that won't place a ceiling on their production rate
- their own power plant sufficient for operations, including EV mining and trucking
- kimberlite tailings from the previous diamond operation at Renard (ask De Beers and others, these may not be worthless)

All WR1 really needs is an 80km haul road from Adina to Renard, which should cost approx 80m, but CMIF will almost certainly assist by funding up to 75% of that.

A massive difference in capital intensity and risk. It's the clear frontrunner in terms of lithium M&A in Canada. After the PEA it's game on. (Prior to PEA, many big players are prevented from dealing due to their internal policies.)