WR1 4.45% $1.29 winsome resources limited

Ann: Corporate Presentation, page-65

  1. 122 Posts.
    lightbulb Created with Sketch. 126
    That 5 or so minutes is gold! It's so obvious that this is not their first rodeo...

    My reading between the lines...

    Simon for one was brought on board quite early. In part to help predict, but more so to deal with and plan for current and future corporate threats - and opportunities of course.
    Something that not many juniour explorers spend money on during what would appear to be relatively early stages.

    As a result, the Board and senior management appear to be way in front of the curve on what is required to advance at greater than peer related performances whilst also predicting potential pitfalls.
    They are forging ahead on a journey to production without losing focus on shareholder, and their/our corporate safety.
    They appear to have a pretty good handle on the eventual deposit (the real deposit), the logistics of mining that deposit, and future requirements to bring that to fruition.
    As early as mid last year CE mentioned being PMET's little brother "at the moment".

    There will be a raise in the first quarter of next year and this trip to Japan and Korea is part of ensuring there is at least one robust downstream strategic to keep that raise out of hostile hands if required. As previously mentioned it will also make the North American 'integrated supply solution' sandpit a far more competitive playground.

    They have studies 'in a data room' that tell them they have likely beaten everyone to the masterstroke of winning Renard and it's viability as a ready made DMS plant for Lithium.
    That they achieved this (IMO) speaks volumes on the quality of board/management and their think tank, experience and planning ability over all others in the area.

    They aren't seeking partners. As most of us long holders have believed for quite some time, they are vetting them.

    The Quebec Govt is frothing to have a solid, proven and inovative company in this sector to invest in for the betterment of their constituants - and their back pocket of course. They have previously shown a willingness to invest in potential quality start up ventures.
    Be that roads, be that shareholding, be what may, they want to get on board the train. They have intimated to Winsome that they are vested in creating a complete supply chain within their jurisdiction. Empire building for them and they love the level of first nation involvement.

    In short, it looks to me like the Winsome Board and Management team should give shareholders and potential shareholders a real sense of security in their commitment and ability to achieve what is rarely achieved. Success from junior explorer to globally significant producer.

    All IMO and not advice.

    Good luck to all holders!




 
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