Time will tell I suppose. The maiden MRE for Yinnetharra is due for release in the December quarter, so I'll be keen to see how they do. If they get a bit of a SP bump from their maiden-MRE release, I'll probably sell there and add more here.
Like I said though, I own shares in both companies and think each will do well, so ultimately I'm not concerned with which one has a larger resource. For reference, my position in WR1 is significantly larger (currently holding 650k WR1 shares) and I think WR1 will do better than DLI in both the short and long term. I was just explaining the reasons for DLI currently having a (slightly) larger MC than WR1. Once WR1 release their maiden-MRE early next year, I expect that it should surpass DLI's MC pretty quickly.
I'm also much more comfortable with the management at WR1, particularly now that Chris Ellison is developing a stranglehold on DLI and other WA based lithium resources. Canada may have slow permitting, but at least they don't have a couple of billionaires (CE and GR) trying to ruin every proposed acquisition.
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Open | High | Low | Value | Volume |
59.5¢ | 62.0¢ | 58.5¢ | $682.9K | 1.138M |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 3000 | 59.0¢ |
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Price($) | Vol. | No. |
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60.0¢ | 381 | 1 |
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No. | Vol. | Price($) |
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1 | 3000 | 0.590 |
1 | 1739 | 0.575 |
3 | 85263 | 0.570 |
2 | 5285 | 0.560 |
1 | 5200 | 0.555 |
Price($) | Vol. | No. |
---|---|---|
0.600 | 381 | 1 |
0.620 | 28500 | 3 |
0.625 | 20000 | 1 |
0.630 | 81714 | 3 |
0.635 | 16333 | 3 |
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