No doubt WR1 will be profitable with that pricing, I’m coming at it from a short term view point that we will need a CR within the next 12 months and assuming the price remains where it is the dilution or even availability of capital may be difficult.
Thankfully we have a healthy balance and flow through funding available to us, prolonged periods of depressed prices may make it harder.
Hopefully lepidolite production gets pulled back with how much waste it’s producing, you know it’s an issue when China are concerned environmentally.
No doubt WR1 will be profitable with that pricing, I’m coming at...
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Last
76.5¢ |
Change
0.005(0.66%) |
Mkt cap ! $164.5M | |||
| Open | High | Low | Value | Volume |
| 76.5¢ | 78.0¢ | 74.5¢ | $493.9K | 651.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 43997 | 75.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 77.0¢ | 10476 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| WR1 (ASX) Chart |