WML 25.0% 0.3¢ woomera mining limited

To kickstart this thread I'd like to point out a few comparisons...

  1. 2,011 Posts.
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    To kickstart this thread I'd like to point out a few comparisons that could be drawn with another small cap in the Pilbara chasing lithium deposits. Minrex resources turned their focus from the Lachlan fold belt late last year to jump on the Lithium Bandwagon.

    This saw their market cap go from <20m to over 80m just recently, SP from around 2c to 8c. They have 890m SOI. With a 80m mkt cap that would see us north of 10c. 300% plus returns at these levels. Even better returns on the oppis OB and OC. This makes WML a good value play IMO. For disclosure I'm only holding WMLOC.

    Hoping someone who is more technically savy can put together a map of our tenaments and MRR's in relation to each other and PLS location.

    Im expecting another cap raise sometime this year after sampling has been completed and results returned as we generally run a bit light on cash in bank.

    Last edited by Mencel_as_anything: 05/04/22
 
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