Yes wr1 has a great deposit, near surface , apparent good metallurgy and grades. I think the market can already see the deposit is sufficiently derisked.
What the market really needs to see are real and tangible solutions to infrastructure and permiting. I guess that will take some time and so the market awaits to be shown that side being derisked too.
This is the current state of play with wr1 imo
WR1 General Discussion, page-19876
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Last
53.5¢ |
Change
-0.035(6.14%) |
Mkt cap ! $118.5M | |||
| Open | High | Low | Value | Volume |
| 56.0¢ | 56.0¢ | 52.5¢ | $806.8K | 1.496M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | 53.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 56.5¢ | 10084 | 1 |
View Market Depth
| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| WR1 (ASX) Chart |