WR1 General Discussion, page-29311

$1 billion is too cheap. Give me a cool $2.5 billion and we are talking.

@parsons112's points are bang on. Winsome is a unicorn with a unique opportunity.

Over the next five years, new supply will largely come from brownfields.

Africa is pushing back on DSO and spod con export - the need to further process in-situ will be difficult and prove to be a bottleneck.

Joe L seems to think that brine and DLE will save us! (lol, sure champ).

New developers will be rare because of the significant CAPEX hurdle.

Who out there really has legs unless the market turns fairly quickly to decent deficit?

PMET and LRS have massive dilution coming but will likely get up. Only those owned by the big boys and girl.

Who else?

Winsome will get up without dilution as the status quo - a buyer needs to pay for that.

There is massive development upside from here and the market risk is well overplayed IMO - if anything the risk is well to the upside.

The cure for low price is indeed low prices.

CE and team have played a magnificent game.

That last CR propelled us forward while others languished and fell behind, waiting for the market to recover.

Renard is a masterstroke - the next biggest killer of projects in challenging markets almost completely ameliorated.

Adina will be the next NA Lithium district.

A central lynchpin in a new NA supply chain that will be dearly needed when the US turns off China-related supply and products.