WR1 2.46% 59.5¢ winsome resources limited

WR1 General Discussion, page-29185

  1. 16,161 Posts.
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    We need deals better than the one Frontier Lithium got with Mitsubishi who invested in Frontier on a 70% premium to market sp at the time.

    If could score 100% premium with what we have imo

    https://hotcopper.com.au/data/attachments/6158/6158139-489a2e5e70f2cd9f3dc917275a8711d0.jpg
    The deal was signed on Saturday. Under the agreement, Mitsubishi will acquire an initial 7.5% stake in the project for C$25m. After a definitive feasibility study (DFS), Mitsubishi will have the right to increase its interest in the JV to 25% through the purchase of additional shares at a price based on the net value of the project, which will be determined through the DFS, Frontier Lithium said.
    Last edited by kevin103: 09/05/24
 
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