WR1 0.82% 60.5¢ winsome resources limited

Ann: New pegmatite outcrop discovered at Adina, page-7

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  1. 27,768 Posts.
    lightbulb Created with Sketch. 3366
    let me put it this way.
    You have a large room of investors, some see strength in journey, and hold for the course.
    Others see a butterfly outside the window, and several others chasing it, and go chasing it, but need cash to buy that butterfly net.
    It is the gravity effect of fools and their money. It does not make for a sound investment long term.

    Buffet said, invest where you understand. In this case, we have a line of sight, to shallow DMS low cost production , that should merit is case to survive over a number of pricing outlooks for lithium.

    The butterfly case, could die of thirst in the dust bowl. Unless they turn rock chips, into sizable drill intersections that can present economics of scale.

    Worrying about the butterfly chaser who sold at 30c, is no different to the one who sold at 17.5c, except there is rational that they have put their heads above water, and or taking a profit in the short term. Neither will see the fruits of SYA 2.0

 
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Last
60.5¢
Change
-0.005(0.82%)
Mkt cap ! $131.7M
Open High Low Value Volume
59.5¢ 61.5¢ 59.5¢ $98.28K 162.5K

Buyers (Bids)

No. Vol. Price($)
2 28346 59.5¢
 

Sellers (Offers)

Price($) Vol. No.
60.5¢ 56641 4
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Last trade - 10.48am 11/10/2024 (20 minute delay) ?
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