WR1 General Discussion, page-25732

If you're right and the sector is at the bottom of the cycle I can see scope for us making significant ground SP-wise this year even if the lithium price remains pretty stagnant. I say that on the basis of us appearing to be very significantly undervalued, especially compared to one or two peers. As you said, markets do look ahead of the curve and a projected 100Mt resource with a sizable proportion at shallow depth should catch the eye of shrewd investors or company suitors. To that end we will hope that drilling to the north reveals continuation of the shallow main zone and footwall zone. Continuation along strike length and other finds would be a bonus. Hopefully further good results by the end of the month to kick us back to 80c.