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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Time will tell I suppose. The maiden MRE for Yinnetharra is due...
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Last
51.0¢ |
Change
-0.005(0.97%) |
Mkt cap ! $112.9M |
Open | High | Low | Value | Volume |
51.0¢ | 51.5¢ | 51.0¢ | $118.7K | 232.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 50000 | 51.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
51.5¢ | 1690 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 45000 | 0.510 |
3 | 211880 | 0.505 |
3 | 42000 | 0.500 |
1 | 9900 | 0.495 |
5 | 38639 | 0.490 |
Price($) | Vol. | No. |
---|---|---|
0.515 | 1690 | 2 |
0.520 | 29863 | 4 |
0.525 | 49000 | 2 |
0.530 | 34867 | 2 |
0.535 | 73691 | 4 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
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