WR1 1.03% 49.0¢ winsome resources limited

Hello. To me, your posts rarely post any rationales. Its been a...

  1. 3,119 Posts.
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    Hello. To me, your posts rarely post any rationales. Its been a very bad month for lithium prices. The mob don't know what it is worth, including myself. Yet, if companies such as RIO decide to turn the region into a production hub, they will look for the most economic deposits, such as years ago when SQM & Wesfarmers bought the Kidman Mt Holland deposit. The Mt Holland deposit was wide, flat & relatively very shallow. The WR1 deposit looks quite commercial because at least the top half is wide & relatively shallow. As I posted, it looks more cost efficient for mining (I don't know about transport) than the PLS deposit that claims to have a strip ratio of 4:1.

    https://hotcopper.com.au/data/attachments/6356/6356046-81de5bd74d80ef5322ddce64f3461705.jpg

    Last edited by GKeden: 02/08/24
 
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