WR1 5.00% $1.24 winsome resources limited

Haven't posted here for a long time but been watching on the...

  1. 129 Posts.
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    Haven't posted here for a long time but been watching on the sidelines and topping up every now and then. Took my first position two weeks after the IPO orso. That was mainly due to Chris Evans and the potential of Cancet. Of course we got a bit lucky with Adina but who knows what's still in the ground at Cancet. Anyways, management is what sets WR1 apart. It was great have met CE at one of the first investor events in Melbourne. It just confirmed how he came across in the interviews: very knowledgeable, but also just a great guy who is very down to earth and hard working. Looking back, management planned the capital raise at the perfect time, they put their money into drilling and got us an early significant deposit. The option on Renard is especially amazing and I am sure CE and the team will be recognised as a strategic geniuses in the years to come. I agree WR1 is still very undervalued. If we get closer to 100Mt, we should be above 1 billion market cap although current sentiment might not get us there for a while. I don't mind to see the resource upgrade to come a bit later (e.g. August) as I feel there is a higher chance of a better lithium pricing and sentiment. Anyways, with time we will get to a MC of over 4 billion and I will add to my position if we see further dips.
 
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Last
$1.24
Change
-0.065(5.00%)
Mkt cap ! $235.6M
Open High Low Value Volume
$1.29 $1.32 $1.24 $1.102M 872.7K

Buyers (Bids)

No. Vol. Price($)
4 9005 $1.24
 

Sellers (Offers)

Price($) Vol. No.
$1.24 548 1
View Market Depth
Last trade - 16.10pm 24/05/2024 (20 minute delay) ?
Last
$1.24
  Change
-0.065 ( 5.15 %)
Open High Low Volume
$1.30 $1.32 $1.24 248989
Last updated 15.59pm 24/05/2024 ?
WR1 (ASX) Chart
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