Totally agree. Once the road finance/approval is in place, then we have an established pathway to production.
On a like for like basis with WC8 (who doesn't have this pathway), that should value WR1 at $1.20 to $1.50, bearing in mind we have a larger resource, much closer to surface, much easier to mine and higher grade. And on top of this, we have Renard for only $1 million out of WR1's kitty. So where does that value WR1 in comparison?
The fact that interest is returning to Canadian Li as evidenced by PMT's recent price increases with supporting volume
(whether T/O rumour driven or not) is the most important factor in my opinion.
Only have to remain patient.
Have a great weekend everyone.
Not Advice. DYOR.
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Last
12.0¢ |
Change
-0.005(4.00%) |
Mkt cap ! $29.26M |
Open | High | Low | Value | Volume |
13.0¢ | 13.5¢ | 11.5¢ | $117.7K | 949.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 91332 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 59886 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 91332 | 0.120 |
10 | 204497 | 0.115 |
5 | 135808 | 0.110 |
1 | 250000 | 0.105 |
7 | 755000 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 59886 | 2 |
0.130 | 450000 | 2 |
0.135 | 207364 | 8 |
0.140 | 192261 | 7 |
0.145 | 40000 | 1 |
Last trade - 16.10pm 24/06/2025 (20 minute delay) ? |
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WR1 (ASX) Chart |