WSR 10.0% 0.9¢ westar resources limited

"Graphite is a joke"?....that's a not a very well informed...

  1. 31 Posts.
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    "Graphite is a joke"?....that's a not a very well informed comment. Two proximal neighbours to the Uley deposit are Quantum Graphite (QGL) and Renascor Resources (RNU) with market caps around $160M and $250M respectively. Current market cap of WSR is around $5M. Who cares if it's graphite, gold, coal, Lithium etc...If it's economically viable to extract and process, it has value. I think that RNU just got a government loan for $185M to build the mine. The WSR presentation spells it out very well that graphite is a critical mineral. Take the blinkers off or you may miss potential value.
    Well done WSR board for bringing in another opportunity after Olga Rocks didn't work out. This is exactly what these small cap exploration companies should be doing.....looking for value and if it doesn't work out move on to the next one. Text book stuff.
 
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