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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As a shareholder, I don't like seeing a circa 4 times increase...
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Last
54.0¢ |
Change
0.030(5.88%) |
Mkt cap ! $116.8M |
Open | High | Low | Value | Volume |
53.5¢ | 57.0¢ | 51.5¢ | $928.2K | 1.732M |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 4705 | 54.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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57.5¢ | 57133 | 2 |
View Market Depth
No. | Vol. | Price($) |
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1 | 4705 | 0.540 |
2 | 17275 | 0.535 |
1 | 5553 | 0.530 |
2 | 12388 | 0.525 |
1 | 10000 | 0.520 |
Price($) | Vol. | No. |
---|---|---|
0.575 | 57133 | 2 |
0.580 | 33732 | 5 |
0.585 | 74655 | 3 |
0.590 | 75000 | 1 |
0.600 | 25681 | 2 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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