Chris should get cracking on getting a few holes in that sirmac...

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Kaeho

7,397 Posts.

1777

02/05/25

12:28

Post #: 78894686
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Originally posted by ChasingProfits: ↑

Am I the only investor still buying Winsome at these prices… the selling seems to be relentless here. In difficult times such as these i like to remind myself of one of the greatest investing quotes of all time: be fearful when others are greedy and be greedy when others are fearful.

We are close to a 40 million market cap and I can’t compute how we can’t be worth more than that based on a 100% private acquisition/equity basis. Based on the asset listing, especially 1 through to 6 listed below, I come up with a value a lot more than our market cap and hence why I am comfortable continuing to buy. Although the other exploration assets listed aren’t worth considerable sums, they are still worth $$. We literally raised millions at 36 cents not that long ago and we now trade at half that valuation, which to me seems absurd.

Assets we currently have:
1) Adina 80 mt 1.15% Lithium deposit, more exploration upside but we don’t need to do anymore further drilling due to already having an economic size deposit.
2) Power metals shares
3) Circa 19 million in the bank
4) Offtake rights in power metals (a very very valuable asset) and can be sold independently
5) Option agreement for Renard - granted we need to secure a strategic partner but if we can pull this off, there is significant upside for shareholders. Based on a market cap of 40 million, I believe there is limited downside even if we decide to terminate the option agreement based on our other independent assets.
6) Sirmac- caesium potential which should not be understated, very valuable if we can find in economic quantities, power metals is testament of what can happen to share price on the back off caesium.
7) Cancet deposit - exploration asset
8 Tilly deposit - exploration asset
9 Camp asset

I am sure there could be other assets I missed but these were just off the top of my head. One thing is for certainty it is going to be an interesting 6-12 months here. All the best to holders, cheers CP.

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Chris should get cracking on getting a few holes in that sirmac peg. If he cant deliver a deal at least give us a director’s special.

Ice should be thawed out by mid this month Chris should at least announce his plans with Sirmac and give the market something to look forward to.

WR1 Price at posting: 17.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 12.0¢		Change -0.010(7.69%)		Mkt cap ! $29.26M

Open	High	Low	Value	Volume
12.0¢	12.5¢	12.0¢	$16.67K	134.7K

Buyers (Bids)

No.	Vol.	Price($)
7	159373	12.0¢

Sellers (Offers)

Price($)	Vol.	No.
12.5¢	6385	6

View Market Depth

No.	Vol.	Price($)
8	223373	0.120
9	136969	0.115
9	90243	0.110
6	322786	0.105
6	475000	0.100

Price($)	Vol.	No.
0.125	6385	6
0.130	519720	6
0.135	169214	7
0.140	198691	7
0.145	90265	2

Last trade - 11.21am 26/06/2025 (20 minute delay)

WR1 (ASX) Chart

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Chris should get cracking on getting a few holes in that sirmac...

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