WR1 0.00% $1.29 winsome resources limited

WR1 General Discussion, page-125

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    He received quotes.. those quotes may have not been effective use of capital or time.

    Drill rig availability would have been a factor. The company started drilling late March which was what is announced in that attachment you shared..

    I don't think they would have purposely delayed drilling, more so it was a cost consideration/rig availability..

    Hypothetically, say they may have received a quote but can only have the drill rig for two weeks in winter. It would be cost effective to get the rig later and complete the whole program in one hit. This would be saving on transport and setting up costs in the quote.

    "Although only a modest drill program due to limited rig availability, the program was
    successful in adding high grade areas of lithium mineralisation to the existing known
    ore body and extended the known pegmatite strike length from 600m to 1,200m"

    Gives the impression that they had to aim for only 2000m as a rig was only available during this time...

    Maybe they were led to believe the company they hired to drill as well as the lab would be a faster process. But we also had to rely on external geo's for their collation of results.

    I have sent an email to Chris, expressing my distain at the process, as well as the errors in announcements of drilling and issue of securities and how he intends to rectify this in the future.

    They are in the process of recruiting an in house Geo. Once this happens, things will hopefully move at a faster pace and we may say drilling come sooner than expected.


 
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