WR1 1.85% 82.5¢ winsome resources limited

Is WR1 an economically viable project?

  1. 2,693 Posts.
    lightbulb Created with Sketch. 1202
    Most of your questions have been addressed in the most recent webinar posted 9hrs ago, along with enough information that confirms this as a monster deposit, higher grades to come once indicated figures are released with the resource upgrade just around the corner, PEA will give additional detail which they're aiming for in 2024. Infrastructure is not a problem when you have a globally significant resource and hundreds of millions of dollars eventually being thrown at it. Chris touches on the road situation and there's absolutely no issues there moving forward. Fully cashed up for the crazy amount of drilling to come in 2024, will be a huge 12 months ahead for WR1.

    As it stands I think MC will gravitate to ~$500m before the resource upgrade. Today's selling is nothing new - buy the rumor sell the news and all that. Anns like these usually take a week or two before the market reacts appropriately.

    IMO DYOR.

  2. 320 Posts.
    lightbulb Created with Sketch. 57
    hahahahaha imagine spending your whole day trolling on hotcopper and creating a thread for a company you’re not invested in.

    You started your post with ‘let’s discuss the economics’ and proceeded to not discuss any of the economics lol

    Back to bed Mitch!
 
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Last
82.5¢
Change
0.015(1.85%)
Mkt cap ! $154.5M
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81.0¢ 83.5¢ 81.0¢ $185.3K 226.7K

Buyers (Bids)

No. Vol. Price($)
1 20000 82.5¢
 

Sellers (Offers)

Price($) Vol. No.
83.0¢ 18144 1
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Last trade - 10.27am 18/06/2024 (20 minute delay) ?
Last
83.0¢
  Change
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81.5¢ 83.5¢ 81.5¢ 70512
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