WR1 2.40% 85.5¢ winsome resources limited

Ann: Exploration drilling discovers 61.5m at 1.62% Li2O, page-132

  1. 3,082 Posts.
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    More joke comments from you.

    So do tell - where is there 'enough' economic near-surface' spod in Quebec? So few projects look economic. Few are near surface.

    A hand full at best. Certainly, nowhere near enough to meet anticipated demand even under the most bearish scenarios.

    There is more than enough near-surface spod to make Adina rudely economic - it is currently without peer in Canada (James Bay excepted - for now).

    Winsome's conservative estimate of 100mt did not even include the 'new' peg at hole 170.

    Didn't need to - they is plenty more undiscovered spod at Adina too, a near certainty. Once we free more rigs for exploration drilling Adina's going to outshine them all.

    And regardless, once you have a rudely economic resource - the economics of other near deposits is altered significantly. Particularly with Renard in play.

    But why make a decision now on what do with what we have around hole 170 - mine life without it will easily exceed 20 years.

    So another pro-AZM post from you about the merits of AZMs bees dick of spod when they drilled into Winsome's pegs from just inside their tenement.

    I notice you still haven't disclosed your financial interests in Winsome's neighbours, including AZM.

    How about you do that given you keep cross-promoting AZM here.




    Last edited by InItEarly: 20/04/24
 
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