WR1 6.85% 68.0¢ winsome resources limited

Ann: Strong lithium mineralisation from first Adina assays, page-350

  1. 27,225 Posts.
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    I think there should be a strong premium to 150m mc per 10mt for us, for all the reasons articulated.

    Its the stock that protects the registry with CFTF and tax rebates, and with such high recoveries can afford to go the DMS route = low environmental foot print, and lower capex. (and or DSO starter pit for early cash flows)

    The cheap power, and close by infrastructure, etc, all add up to higher margins.

    Low capex + high margin = more profits, pays back capex faster = high IRR => faster organic growth or dividends.

    And lets just think,,,,,we've only just started our drilling, now with 30 man village, to go 12 months of the year.
    Pedal to the metal.

    Cancet 20 pegs, some more 6 meter type spodumene crystals ?
    Adina, how many more Jamars ?

    And the other projects,,,,

    This is my Lithium Horse.
    Yeah, its going to be best lithium performer for 2023.

 
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