WA8 1.64% 6.0¢ warriedar resources limited

I have a bit of a differing opinion on this.I think explorers...

  1. 3,866 Posts.
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    I have a bit of a differing opinion on this.
    I think explorers should push hard on marketing.
    Particularly if they have a definable/marketable points of difference like Warriedar Resources.
    Dilution is a killer for explorers, the more the SP is bid up by market participants, the lower the future dilution.
    The smaller the dilution the larger the raise.
    Larger raise = more cash spent on the drill bit.
    More cash spent on drillbit = bigger potential deposit.
    Bigger the deposit = higher probability for future economic extraction.
    Economic extraction = $$$$$$$$$$$$$$$$$$$$$$$$$

    Last edited by Joelstar: 26/05/24
 
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