WIN 0.00% 2.2¢ win metals ltd

Ann: Gillett Resource Expands in Size and Confidence - Updated, page-9

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    "Even were the Faraday lithium prove to be commercial it is most probably at least 5 years before the lithium would start earning revenue. I heard Tong Locantro on the small caps podcast today call out that pretty much everyone is claiming some sort of connection to lithium but in most cases it will never amount to anything."

    Not quite. WIN's strength is that they have a legacy mining licence, and can ship DSO from next year if prices justify it.
    But it's true that you shouldn't expect any of the current hard rock explorers to produce before 2026, except RDT, who also have a licence.

    That's why management have made the decision to infill, which would usually be premature.
 
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