WR1 0.39% $1.28 winsome resources limited

id recommend having a look over on the NVA board at what’s going...

  1. 272 Posts.
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    id recommend having a look over on the NVA board at what’s going on with their spinoff of their snow lake lithium asset in manitoba on nasdaq. Fairly small 11mt @1% resource, pegmatites are fairly vertical so a component of that is deep enough to likely to be only accessible UG from memory, but there is some potential exploration upside. IPO valuation US$120m, I believe it’ll be the only pure-play lithium explorer on the nasdaq so thats a big factor but that’s a mental mc for what it is. I bought both nva and mtc back in lithium boom 1 and always thought cancet had the potential to be far superior in terms of grade and size, though in a more
    remote location. Pity they didn’t consider a dual asx/nasdaq listing for wr1 as that would’ve seriously put a rocket under this thing…
 
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