WR1 6.50% 57.5¢ winsome resources limited

WR1 General Discussion, page-32570

  1. 17,037 Posts.
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    neither can you provide any figures.

    You are the one claiming Adina/Renard will be profitable in Quebec . Show your proof it will be profitable.

    I have provided real world empirical evidence by way of SYA in Quebec making huge losses year in , year out , in FY23 when prices were good they lost $66m and $65m loss again in FY24 when prices were down.

    You have not shown proof of what you think the cost differential would be with SYA's NAL operation vs your pipedream of trucking 160km between Adina to Renard non stop 365 days a year

    When you go for project finance - you are the one needing to provide proof WR1 can run profitably , not me.

    So show us your proof. If you can't then next best peer comparison would be SYA.
    Arcadium has already shelved their James Bay project so you can't even rely on that , it never even got off the ground.
    If it were really so good as Arcadium's DFS figures estimates it to be, why are they shelving James Bay?
    Last edited by kevin103: 01/09/24
 
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