After checking and re-firming NMT is on track with all milestones finally got sometime to check out how WIN is going.
It is no doubt that we sit on some great reserves, and both Nickel and Lithium are critical to the growth of electrification, so the long term look promising with multi fold return.
In short term, we are still in explore and develop phase, and spending approx. 4M per qtr, and with 8M cash in hand, we are likely need a CR in the coming Qtr.
I am not saying how bad it is, as this is the natural of business, we need working capital as well as investment to get the mine up and running. I am sure not everyone share the same point, but I am kind of prepared for this coming up.
WIN Price at posting:
36.5¢ Sentiment: Hold Disclosure: Held
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