I reduced my holding today on the basis that until there are assay results and a lot of work done to prove up reserves this investor presentation is in the same "vein" as the previous announcements that have resulted in speeding tickets. A geologist will tell you there is an awful lot of pegmatite around that contains no commercial quantity of lithium and a visual estimate of drill core or chip samples to enable meaningful valuation of any mineral deposit I expect would not meet ASX reporting requirements. These "Please Explains" have become so regular of late you would wonder if there might be consequences for the Directors.
Just my thoughts, DYOR and no I won't regret selling if the SP continues to rise as with profit to date I have no downside risk.
Cheers
Ann: Trading Halt, page-48
-
- There are more pages in this discussion • 133 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WR1 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
57.5¢ |
Change
-0.025(4.17%) |
Mkt cap ! $124.3M | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 60.5¢ | 57.0¢ | $204.3K | 350.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 17212 | 57.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.0¢ | 6000 | 1 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| WR1 (ASX) Chart |