Management have nosedived this into the ground, while collecting disproportionate salaries in relation to market peers. The cash burn over the last year had been ridiculous while doing nothing to provide shareholder value, they’re always quick to do a half baked interview with rockstock or webinar when they need to raise though. Remember when CE was travelling to South Korea and Japan for strategic talks? All the helicopter flights to and from Adina to potential investors? The new exploration drilling from Sirmac, was that needed given the current climate and cash burn? I’ve seen more announcements or comments of late from the company about power metals than Winsome.
WR1 Price at posting:
42.5¢ Sentiment: None Disclosure: Held
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