WR1 2.68% 54.5¢ winsome resources limited

Well said.You might also note the reference to 'importantly'...

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    lightbulb Created with Sketch. 1038
    Well said.

    You might also note the reference to 'importantly' when he refers to 'indicated' resource and that a PEA (perhaps 2 PEAs) will be out in early September.

    PEA's required indicated resources to be useful - and everyone will talk to Winsome in relation to content made available in the PEA. Many potential partners will need a PEA to make an investment - post PEA Winsome will be in the broader investment universe of far more strategic players.

    So not only are they in control of their own destiny - and the LTR deal confirms what companies with genuine up and coming mines have been saying about strategic interest - but they will have many suitors competing for the Winsome offtake.

    Governments will see this is all value add in Quebec as those partners will convert in Bécancour and potentially manufacturer batteries.

    This has been a big beef particularly in Africa - where countries don't want international companies coming in and just mining - they want more of the value chain (despite that being very difficult or impossible given much of the infrastructure in Africa).

    Its a neat package and has been, since the beginning, cleverly been put together by Winsome's management.

    No doubt there will be more cries about timeliness of assay results - but what these guys have been quietly doing is building a serious project that will attract the interest of some of the biggest players in this space and ultimately maximising shareholder value when Winsome is inevitably bought out.



    Last edited by InItEarly: 04/07/24
 
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