WR1 4.17% 57.5¢ winsome resources limited

"If its that costly to build in outback WA, imagine what it will...

  1. 249 Posts.
    lightbulb Created with Sketch. 75
    "If its that costly to build in outback WA, imagine what it will be like in pristine Quebec wilderness.."

    That's what makes the Renard deal a game changer. We don't have to build.

    The hard work has been done for us.

    Minimal Capex.

    16-megawatt gas-fired electricity supply and backup diesel-power - we don't need to wait for Hydro power like others in the area will need to..

    Winsome is now years ahead of PMT.

    That is why the likes of RIO & PLS are checking out the Winsome / Renard combo with keen interest.

    As an article ("Audacious Aussies chase lithium in the Canadian outback" - aap news) earlier this week stated:

    "Dale Henderson, managing director at Australian lithium producer Pilbara Minerals which has the world's largest independent hard-rock lithium operation, has been keeping a close eye on Winsome's progress in James Bay."

    Even with low prices, Winsome will still be profitable thanks to shallow mining, and great strip ratio.

    Guaranteed market in North America.

    And I anticipate in the not too distant future that we will most likely receive Govt funding for the road as well.

    The West is desperate to make up ground in the EV race, and Winsome will be an integral part of that in the North American supply chain.

    They can't wait any longer, and they know that.

    So to those reading who may be new to the Winsome story, don't pay too much attention to what Kevin says.

    Put him on ignore, and the Parasite will not bug you anymore.
 
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