WR1 General Discussion, page-28488

Interesting day on HC for Wr1. Its quite, but its a morgue over at PMT who decided today to validate my thesis that have been playing the market for fools.

But let me come back to Winsome management who have been doing the right thing. Adina has met tests for Jamar main, those met tests indicate DMS is the path Jamar Main.

Adina/Winsome is the next producer of concentrate at scale in North America. We have the plant that can be converted running with what i think is 2.5mtpa for that DMS amenable deposit at Jamar Main. In essence we offer security and scale to an offtake partner, converter or OEM.

Who are Wr1's competitors for size, scale and security?



Moblan? - Capex is massive, management have issues.
Frontier - Mitsubishi have them
Cre/rose - read the DFS, they are float, so capex is massive.

PMTTTTTTTTTT - Well we dont know what the met tests are for Cv5, we do know Nova is great but even their own documents state production is 15year after mining phase 1. Phase 1 is not going to be DMS only, so capex and dilution is forth coming, maybe some shareholder revolt for talking crap also.

Anyone doubting wr1 and its future should not be investing.