WR1 3.85% 50.0¢ winsome resources limited

Ann: Winsome on Pathway to Production with $25m Raising, page-156

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    Evans (and shareholders) got burnt at Mali Lithium in the last big lithium downturn, with a board revolt from historically catastrophic decision makers Alistair Cowden & Brendan Borg resulting in them losing billions of dollars in shareholder value chasing Morilla gold. It's not surprising Evans was in favour of a solid defensive raise to see them through the orphan period & price retreat currently on the cards.
 
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