WR1 12.7% 48.0¢ winsome resources limited

WR1 IPO 142m FP. - hazzard a guess at 3mt Cancet.WR1 today 215m...

  1. 27,401 Posts.
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    WR1 IPO 142m FP. - hazzard a guess at 3mt Cancet.

    WR1 today 215m FP. - 78mt at Adina.

    How did we get there with such a tight ship ? tight equity ? tight register ?
    We raised funds with up to 2x cash for capital with CFTF, and we get a 38% rebate on exploration dollars spent to respend as we see fit.

    Now look forward, to picking up a near 1 billion dollar capex Renard for 52m, and perhaps a modest 200m or so further required. (PEA to clarify)

    But what would 1b in capex dilution do to the registry of any other peer ? Destroy it.

    Go peer suck that kev.
    Last edited by stevenjd: Today, 15:04
 
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