my view on the matter:
they’re serious about taking the asset into production. The current “hot news” in WA is all about divestment and takeover. Nobody is serious about development. With a sharp rise comes a sharp fall. It’s certainly not without its own risks, Australia is a challenging area to navigate and the past performance is not a shoe in for the future.
WR1 reminds me of a new hope coal or the likes, a smaller company looking to go into production, but with that… comes exceptional value, at the right time.
A big producer doesn’t necessarily mean more value or faster timeframes. It’s well known in the industry that smaller/mid companies can get shit done faster and easier than the multi nationals.
its why I like winsome, i see parallels with companies I’ve worked for in the past.
agm should be interesting!
my view on the matter:they’re serious about taking the asset...
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Last
48.0¢ |
Change
0.005(1.05%) |
Mkt cap ! $103.8M | |||
| Open | High | Low | Value | Volume |
| 48.0¢ | 50.5¢ | 47.5¢ | $242.5K | 498.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18938 | 48.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 7500 | 1 |
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| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| WR1 (ASX) Chart |