CFTF is ending and the last raise probably is the final one with Flow Through funding.
It means high dilutions coming in future raises, and on average WR1 raises twice a year.
One can see the sp just decimated in the coming months and years as its so expensive to operate in the Quebec wilderness.
I have raised these points before and said best case is sell this to the big hitters like RIO as a minnow like WR1 doesn't have the balance sheet and financial depth to survive the 3 to 4 years of development without great dilution.
If they had gotten a $2.50 offer to sell versus current sp holders would want it sold imho.
No chance of that now
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62.0¢ |
Change
0.070(12.7%) |
Mkt cap ! $134.1M |
Open | High | Low | Value | Volume |
54.0¢ | 64.5¢ | 54.0¢ | $1.122M | 1.899M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1587 | 63.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
63.0¢ | 4836 | 2 |
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No. | Vol. | Price($) |
---|---|---|
1 | 1587 | 0.630 |
1 | 15000 | 0.620 |
1 | 10000 | 0.615 |
1 | 11312 | 0.605 |
8 | 73075 | 0.600 |
Price($) | Vol. | No. |
---|---|---|
0.630 | 4836 | 2 |
0.635 | 10000 | 1 |
0.640 | 280615 | 5 |
0.645 | 10000 | 1 |
0.650 | 77000 | 2 |
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