WR1 3.81% 50.5¢ winsome resources limited

As a shareholder, I don't like seeing a circa 4 times increase...

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  1. 122 Posts.
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    As a shareholder, I don't like seeing a circa 4 times increase in G&A expenses with the management got much higher salary, although this happened to many other lithium companies as they raised lots of money in 2021- 2023.

    I hope Winsome can reduce its G&A expenses. If this lithium bear market lasts too long, then Winsome's G&A expenses + Renard care and maintenance cost ($5m - $10m as Chris said in the webinar) + exploration/evaluation costs (committed under the flow-through placement) will become unsustainable, meaning big dilution for us as Winsome will have to raise more equity at a much lower price.
 
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Last
50.5¢
Change
-0.020(3.81%)
Mkt cap ! $111.8M
Open High Low Value Volume
51.5¢ 52.0¢ 49.0¢ $511.5K 1.015M

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No. Vol. Price($)
2 15000 50.0¢
 

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Price($) Vol. No.
50.5¢ 16174 1
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