WFE 0.00% 2.4¢ winmar resources limited

Ann: Winmar Appoints Airguide as Strategic Advisor, page-154

  1. 6,950 Posts.
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    STTCOMP WFE FA SHORT​

    SP 1.5 cents​

    MC 39 million fully diluted​

    cash 3 million after CR​

    Well what can I say about WFE, I can not remember the last time I seen a stock so overvalued before​

    just crazily overvalued atm. lets put this into some perspective shall we.​

    WFE currently only has a small cobalt project in Canada worth no more than 10 million that should be attributed to WFE MC.​

    that's it and they currently have a MC of almost 40 million with one little project lol.​

    compare it to TAR with a advanced project in the DRC and a lithium project there too, the DRC is where WFE are seeking a new project, TAR MC is only 24 million.​

    summary​

    WFE​

    - small cobalt project in canada​

    - on the search for another project in the DRC​

    - 3 million cash​

    - MC 39 million​

    TAR​

    - advanced cobalt project already in DRC​

    - lithium project in DRC​

    - 2 million cash​

    - MC 24 million​

    I expect over the next two weeks WFE SP will drop back to at least 1 cent if not I'm happy to eat humble pie.​
 
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