WR1 General Discussion, page-32808

Would not surprise me, if WC8 came up with a great deposit, eg. 100mt, some very good length drills.

The question is, compare apple to orange, what is the Capex and the dilution scenario to build mine ? What upside on an EPS would imply multiple from the current MC.

WC8 at near 300m mc, WR1 closer to 100m mc.

And finally, what is the risk equation to get approvals. ?

Even PMET is trading at approx $3.5 x 152 FD = 532m mc

The same question. Approval risk. Must be factored in.

Given WR1 low risk approval runway = with Renard already built, requires adaptation to spod approvals, and Adina quarry . With gov support on register in Renard paid in scrip, and employment to CREE.

What are the probability of environmental approval in AUS for WC8 ? I would think reasonable as in WA dust bowl. Unless it is hit with an belated cultural heritage show stopper ?

All things considered, i would still favor the full approvals % bet, on WR1 over WC8.
And safer jurisdiction given regional risk.
Given that WR1 is 1/3 the price, magnifies the payout stakes, to come what may BET of a predator salivating to precipitate a low cycle take over event.