Then as stated, cesium would be the next logical move as they already own that land and have already had activity on that project.
They don't have the funds to venture into new prospects. The money spent on salaries alone for the time it will take to do the required due diligence to purchase a new project would chew into what remaining money they will have left after the many millions they need to spend in break fees etc from Renard.
If Renard doesn't go ahead, then in my opinion I think they may touch on cesium exploration, but will continue upgrading the Adina resource in the hopes of a recovery (if or whenever that may be). Unfortunately for shareholders, this alone won't do anything for the share price.
IMO only.
WR1 Price at posting:
13.5¢ Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)