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Was the CR leaked ?Lets find out after the ASX query?very...

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Lithyman

200 Posts.

19

21/06/24

19:59

Post #: 74433016
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Originally posted by InItEarly: ↑

I think we established long ago there is something wrong with you.

Based on even the most conservative credible demand projections, existing suppliers will go nowhere near meeting demand - regardless of brownfields expansion. And the more they expand - where that is a viable option - the shorter the length of mine will be.

The game remains to keep developing when others cannot.

And if there are few new greenfield projects succeeding - competition will not matter as all supply will be in high demand.

But regardless of how much supply reasonably comes online, Adina will be low cost.

And will be strategically located in Canada - a stone's throw from the NA supply chain that will desperately need it.

PLS will not be able to compete with an Adina in the NA supply chain.

But regardless, I don't think it will need to compete with Adina - the cure for the current low prices is very much low prices.

Of course there will be a lag in that correction - just like there was with the correction to high prices in 2022.

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Was the CR leaked ?
Lets find out after the ASX query?
very questionable?

WR1 Price at posting: 80.0¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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Last 77.5¢		Change 0.060(8.39%)		Mkt cap ! $166.6M

Open	High	Low	Value	Volume
71.5¢	77.5¢	71.0¢	$1.505M	2.043M

Buyers (Bids)

No.	Vol.	Price($)
1	3000	77.0¢

Sellers (Offers)

Price($)	Vol.	No.
77.5¢	9946	1

View Market Depth

No.	Vol.	Price($)
1	3000	0.770
2	5220	0.765
4	38836	0.760
1	7504	0.755
5	37853	0.750

Price($)	Vol.	No.
0.775	9946	1
0.780	17662	3
0.790	5500	1
0.795	23700	2
0.800	10000	1

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WR1 (ASX) Chart