WR1 winsome resources limited

I agree for the most part, mate, but in fairness to management,...

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    I agree for the most part, mate, but in fairness to management, they have been ringbarked like so many other lithium companies by the shocking fall in the Li price. Had it held at a sustainable level over the past two years I'm quite sure we'd be sitting pretty at over $2 now, with no issues of concern re acquiring Renard. Knowing what we all know now the previous MTC results from Cancet and Adina led management straight to the northern sector, whereas the smarter move would have been to explore the southern tenement of Sirmac-Clapier first. The scourge of remoteness of Adina was always going to be a handicap - just as it is for PMET's project - especially in a really tough Li pricing environment like this.
    Last edited by seaemay: 16/04/25
 
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