WR1 13.0% 56.5¢ winsome resources limited

LTR isn't as high quality as they bang on about. The biggest...

  1. 502 Posts.
    lightbulb Created with Sketch. 93
    LTR isn't as high quality as they bang on about. The biggest thing is its basically all underground due to native title (yes they have small pit for their underground portal). The 150mt resource they keep flagging is pointless, because the reserve (what they will actually mine is much less, this is because they can't do open pits for the rest) änd the Reserve is only 68.5mt @ 1.34% Li02. So really its $5.5 billion / 68.5mt reserve, therefore a shovel ready project (even sub optimally all underground) is ~$808 million per 10mt.
 
watchlist Created with Sketch. Add WR1 (ASX) to my watchlist
(20min delay)
Last
56.5¢
Change
0.065(13.0%)
Mkt cap ! $122.2M
Open High Low Value Volume
51.5¢ 56.5¢ 51.5¢ $628.3K 1.150M

Buyers (Bids)

No. Vol. Price($)
1 50000 54.5¢
 

Sellers (Offers)

Price($) Vol. No.
56.5¢ 11036 2
View Market Depth
Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
WR1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.