WR1 3.13% 49.5¢ winsome resources limited

Pay Friday and perfect chance for a top up. Got some at $1.29...

  1. 1,255 Posts.
    lightbulb Created with Sketch. 520
    Pay Friday and perfect chance for a top up. Got some at $1.29
    Don't need to pick bottoms when the upwards trend is there.

    Still overwhelming undervalued compared to peers. Just a bit of patience now.
    Pullback could be a week, a day even just this morning who knows.

    Was saying this in the 50-60c, just need some patience the story is overwhelming impressive.

    MRE upgrade inbound in up to 28 trading days. I believe like the first MRE announcement it will come at the start of June, so I'm thinking more like 15-20 trading days.

    LRS - 70.3mt @1.27% ~ 573MC (also advising of an increased MRE Q2)
    Recent results: intercepts of 10-25m at <1.5% from 200+metres

    WR1 - 59.t @ 1.12% (no infill results which LRS have that increases %) MC ~250MC
    Recent Results: Amazing in fill results, new 61m 1.7% hit in a new zone and other multiple large intercepts at SHALLOW depth.

    I wonder what will happen when both MRE upgrades come out and WR1 now has a larger resource than LRS at a shallower depth, same grade, greater potential for further upgrades AND is 40% of the MC of LRS

    Food for thought
 
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Last
49.5¢
Change
0.015(3.13%)
Mkt cap ! $107.0M
Open High Low Value Volume
48.0¢ 53.5¢ 48.0¢ $492.4K 983.3K

Buyers (Bids)

No. Vol. Price($)
1 4865 49.0¢
 

Sellers (Offers)

Price($) Vol. No.
49.5¢ 52816 2
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Last trade - 16.10pm 06/08/2024 (20 minute delay) ?
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