WR1 8.15% 73.0¢ winsome resources limited

Ann: Winsome to raise up to A$60m to accelerate Canadian projects, page-401

  1. 536 Posts.
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    I disagree KEv. If the companies had the rights to mine it now then you are right. It reminds me of the DSO fiasco. Only a select few had the rights to mine to take advantage of quick DSO. But if you are waiting years for the operations then you want a good sized operations to be worth the whiles.

    It is exactly why SQM only a few days ago whom are the largest global lithium producer in the world have invested 20 million dollars into AZS for 20% of the registries. They are talking about potentials of over 100mt there in the outback of westeran australia. The big boys are more interested in the big deposits IMHO

    Thats why Adina excites me more than Cencet here. Adina where the size is bigger and better. But whats the hold up on the drilling assays they are taking forever? It is really affecting the market caps and the excitement for the punters. Adina has the potentials for being a larger system here at WR1
    Last edited by Bigly: 20/03/23
 
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