A bit too early for charts considering the little data available so far for such a new company…thought I might start a new thread anyways.
Bought in couple days ago after it bounced off the 0.786 fib level. All lithium stocks I followed usually find a bottom around 0.618 to 0.786 after a run up so I thought I’ll give it a small punt for a long hold.
Considering CXO resource is 14.72 MT at 1.32% valued at a marketcap of 1.5 billion. WR1 targeting 15-25 Mt at similar grades certainly has a lot of potential for significant upside. That’s 20 bags from here and that will only get us to 1 billion compared to CXO’s 1.5 billion. Oh, and that’s just for the 1 project.
Chart
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Last
57.5¢ |
Change
-0.020(3.36%) |
Mkt cap ! $124.3M | |||
| Open | High | Low | Value | Volume |
| 58.0¢ | 59.0¢ | 56.0¢ | $248.2K | 435.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12850 | 57.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.0¢ | 1195 | 1 |
View Market Depth
| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| WR1 (ASX) Chart |