WR1 winsome resources limited

Ann: Company and Adina Lithium Project Update, page-8

  1. 5,028 Posts.
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    Good to finally see some expenditure controls, albeit months late. I find it very hard to believe that this would be happening if a strategic partner was close to coming on board.

    It reads to me that Renard is looking highly unlikely, and today’s announcement seems like preparing shareholders for the bad news. I can’t see directors opting to take a 25% pay cut if they were genuinely on the cusp of a company-making strategic deal….
 
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