Yes Kev, CE working hard and making smart decisions. Raising money now at premium is great, imagine market being crap again 3months and raising via non FTF, say 30mil at 1.00. 30mil dilution - Imagine the complaing. We are 220mil mcap with 72mil cash. EV of 150 and will have a MRE north of >50mt.
Also,
CE flew 12 kree to site to expedite and explain the project. This is was to increase speed of permitting, its also not a cheap exercise.
A question was asked by a listener about permitting being brought forward. CE and Simon both commented that money in the bank allows drilling to be done via FTF and other funds for PFS etc so the company is progressing as fast as it can. Strategics are bombarding themselves to be part of Wr1.
The cores are now being conveyed 250klm from site to the Raddison for prep work, then to Ontario. Increasing speed, and reducing cost.
CE and Simon are doing well imo.
WR1 Price at posting:
$1.37 Sentiment: Buy Disclosure: Held
(20min delay)