WR1 1.33% 74.0¢ winsome resources limited

Thank you for the notes. Excellent news from the AGM. - MRE...

  1. 445 Posts.
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    Thank you for the notes. Excellent news from the AGM.

    - MRE release is firm in DEC 23.
    - 10000-15000 drilled results for upgrade. Most of these are drilled pending lab.
    - Meeting the bankers next week in Sydney - this could indicate a big announcement right after MRE release - reminds me of PMET MRE release followed by sold 5% stake to ALB at $15.

    Great timing for all these upcoming major announcements when the market is in an easing financial condition, soft landing (lowering rates and good GDP) and fed rate cut (current Fed funds rate higher than inflation) narrative.
 
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