It’s good we should thank Dandelion who got all of us started talking about how valuable Cancet is. A lot of people have no idea how cheap it will be to mine it, and how large our profit margin will be. By the way, the company has stated an exploration target of 15-25Mt @ 1-2%.
Most importantly? We will use the cash flow from Cancet to fund our what looks more and more likely a major Tier 1 operation at Adina. That will minimise future dilutions that prevent a lot of companies share price from rising, even if they have the goods in the bags. Again, this is strong catalyst for future share price appreciation. Of course IMO only, DYOR as I had been since WR1 was at 30 cents.
Ann: Winsome to raise up to A$60m to accelerate Canadian projects, page-358
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Last
73.0¢ |
Change
0.055(8.15%) |
Mkt cap ! $157.9M | |||
| Open | High | Low | Value | Volume |
| 67.5¢ | 75.0¢ | 67.5¢ | $639.2K | 889.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 36699 | 73.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 74.0¢ | 1967 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| WR1 (ASX) Chart |