WR1 winsome resources limited

LRV just released their DFS. If they end up getting to...

  1. 3,297 Posts.
    lightbulb Created with Sketch. 1698
    LRV just released their DFS. If they end up getting to production next year, the figures look very healthy and will likely never end up "back to where they began". If they don't end up in production that's another story - but of course the same could be said with exactly 100% of the explorers on the ASX that you choose to invest into, no matter the commodity. What differentiates them is that they own a previously operational mine, so the odds of them succeeding is incomparable to an explorer who owns nothing but land.

    A little education goes a long way to not look like a wally on a forum.

    https://hotcopper.com.au/data/attachments/7006/7006867-8e5b1383723ebe8ebae2eacadafa0514.jpg


    @kevin103 the $8.5m payment was for the extension to August and to cover C&M in the meantime... but you already knew this. Keep up or move on mate, your (willful?) ignorance is tiresome.
 
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