WR1 0.00% 52.0¢ winsome resources limited

Ann: Strong lithium mineralisation from first Adina assays, page-727

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    Probably profit takers rattling sp today, and I don't blame them, but fortnightly performance has been outstanding, and results looking impressive, over 100m of pegmatite at well over 1% Li2o is rare. There is currently no better lithium play imo, maybe outside the Li sector there might be a better play or 2, but even with the Li price softened a little bit, the lithium price is still very highly profitable for producers and hard to beat outside the Li space, when you consider PLS produces spodumene concentrate for $555 per/dmt excluding freight and royalties and $841 including freight and royalties (from 21-22 annual report) the profit margin is massive when they can sell for $7000+ USD at the bmx auctions.
 
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