WR1 6.50% 57.5¢ winsome resources limited

My focus has been the infill element for studies for this MRE....

  1. 2,997 Posts.
    lightbulb Created with Sketch. 3987
    My focus has been the infill element for studies for this MRE.

    As a reference LRS converted 63% indicated, I hope that Wr1 converted ~70% so, 40mt with improved grade. That is essentially 55k of drilling accounted for and 1340m.

    I expect 700m east extension to be added, the unknown is meteres drilled, but you cant expect the same return for mt per square/m or mt per 1000m for this 760.

    id say between 75-85 is reasonable for 2100m, and a little improvement north for MZ/FW zone.

    West then has hole 170, 1.1klm, then you have north extensions, more east extension, S/W exploration. 100mt is easy, juts need more drilling and time.


 
watchlist Created with Sketch. Add WR1 (ASX) to my watchlist
(20min delay)
Last
57.5¢
Change
-0.040(6.50%)
Mkt cap ! $127.3M
Open High Low Value Volume
60.0¢ 60.0¢ 56.0¢ $306.4K 530.4K

Buyers (Bids)

No. Vol. Price($)
1 5256 57.0¢
 

Sellers (Offers)

Price($) Vol. No.
59.0¢ 4914 1
View Market Depth
Last trade - 16.10pm 04/10/2024 (20 minute delay) ?
WR1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.