WR1 0.66% 76.5¢ winsome resources limited

WR1 General Discussion, page-30869

  1. 27,122 Posts.
    lightbulb Created with Sketch. 3164
    Under 200m mc, leg down due to that "investor presentation" at 1.30 which insiders put 2+2 together = CR suspicion. And they were proven right.

    That said, water under the bridge, look at the price point for having the keys to the kingdom.
    Renard = de-risk Approvals

    What would PMT holders think, if they only had to permit CV5 as a quarry ? They would be rolling in the grass seeds with hay fever. But sadly, that is not the case. Yet look at the inverse MC between us.

    When it is WR1 that is leader of the pack to get de risked approvals come development finance = first past the post.

    Guarantee of supply is more important to a strategic vertical, in a north american jurisdiction, than concerns over how much profit margin there is in digging it up. It has to be dug up profitably, or the vertical wont have the supply in the jurisdiction it needs. It is irrelevant what the Asian supply chain is potentially subsidized to distort economics.

    Those verticals in north america and Europe, will be wanting what we have in Canada. And might equally be concerned over supply issues from Brazil nationalism, come Chinas dog on its leash, and Australia the irrelevant, and quarantined ally of the USA , escalating from any Taiwan conflict.

    As for the price pull back under the block trade CR, what a gift for those who see the big picture.
    Pending potential news flow from both exploration, and strategics.

    The horse that eats well survives the winter. And the big money flows come into the short odds of come developer.


 
watchlist Created with Sketch. Add WR1 (ASX) to my watchlist
(20min delay)
Last
76.5¢
Change
0.005(0.66%)
Mkt cap ! $164.5M
Open High Low Value Volume
76.5¢ 78.0¢ 74.5¢ $493.9K 651.4K

Buyers (Bids)

No. Vol. Price($)
2 43997 75.0¢
 

Sellers (Offers)

Price($) Vol. No.
77.0¢ 10476 3
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
WR1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.