WR1 4.20% 57.0¢ winsome resources limited

WR1 General Discussion, page-29491

  1. 2,926 Posts.
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    I dont feel ALB walked away due any lithium thematic.

    For all intensive purposes Wr1 is better. It will have 10years of DMS amenable spod from 2026, during these 10years we will be earning cash and be net positive. Exploration will continue, consolidation will occur, unless Rio wrap everyone up, its more likely that Wr1 will take AZM, Comet, LLI and be over 200mt. The road north will be built in its entirety, providing power for a secondary processing plant around Adina to reduce weight south to renard for final processing.

    Or, as i have broached previously, conveyers are a most cost effective, esg friendly option over distance when used over a decade - They also return tax benefits compared with trucks.

    ALB walked due to the complexity and cost of getting PMT up and running quickly.
 
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