WR1 13.0% 56.5¢ winsome resources limited

Ann: Exercise of option to expand Adina Project by over 50%, page-46

  1. 446 Posts.
    lightbulb Created with Sketch. 74
    Subtle message to take out the option, extra funds will be used to further accelerate drilling on Adina.

    The revised drilling program will be ultra aggressive. Excellent time to do a AZS here to put our a confident MRE target.

    WR1 has proven solid results - est 50m mt plus Jamar Main. Potential more with FW and pegs.

    SP movement cannot take reported drill results away. For turn pickers, risk and reward trade is here, with the current SP it means the trader is largely de-risked.

    Silly to think WR1 Adina is worth 1.22.

    The syndicate pair (Kev and Ready) - your current objective is about done. Get ready to play the new role.


    Last edited by Johnno2001: 07/10/23
 
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