WR1 9.28% 53.0¢ winsome resources limited

Its turned that cash into valuable MRE. Many others turn their...

  1. 27,658 Posts.
    lightbulb Created with Sketch. 3323
    Its turned that cash into valuable MRE. Many others turn their cash into tears.
    That MRE, and additional 50m cash => 100mt. World class deliverable.

    Opportunity is about the discount window. If a company has successfully used its funds to book asset value, and that asset has tangible substance, that can be redeemed at an industrial measure, not a retail one, then a valid bet is to buy low from retail discount window, and bet into industrial value to be manifested with the companies cash runway.

    ie, it has the funds to present poe to 100mt with what would seem great economics advantages, to be within just a hand full of jurisdictional safe assets that a North American or European OEM would want.

    When we keep hearing the rumblings of China - Taiwan conflict. Has to pose risk over Australian mining assets with Chinese offtakes. And others, as a strangle on Australia in whole may ensue. What happens to the price of lithium then ?


    Last edited by stevenjd: 22/02/24
 
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