WR1 4.81% 49.5¢ winsome resources limited

Significant headwinds?@GARETH78Renard is permitted to process...

  1. 2,980 Posts.
    lightbulb Created with Sketch. 3961
    Significant headwinds?@GARETH78

    Renard is permitted to process ore, pegmatite tailings will be used in open pit mine and UG shafts. Its an amendment that can be approved by COMEV.

    Road? Grand Alliance Road/167 extension is a class 4 MTSQ road type that would continue the trans taiga. Renard to Adina will most likely be a mine access road under the Quebec Forestry Act. Same road as PMT, same as windfall, same as many across Quebec. You have RIO others all in that region doing work, if a road was an issue do you think they would be there?

    As for LRS, i do agree its a decent deal, PLS will hit $5 before LRS would hit 40c again, they stuffed up by not doing a CR earlier and have been punished.

    And yes, Wr1 is cheap and for all the silly reasons pointed out. LRS just sold for near $750p/t LCE, while wr1 sits at $150ish and with CAPEX and power sorted.

    For those PMT holders watching here, from CEO and Reddit, and even those very silly MQG analysts covering PMT, tell me how PMT are going to power their plant? And dont come back with Hydro - It aint happening.

    Last edited by Helios11: 16/08/24
 
watchlist Created with Sketch. Add WR1 (ASX) to my watchlist
(20min delay)
Last
49.5¢
Change
-0.025(4.81%)
Mkt cap ! $107.0M
Open High Low Value Volume
52.0¢ 52.0¢ 49.5¢ $173.6K 342.5K

Buyers (Bids)

No. Vol. Price($)
2 30000 49.5¢
 

Sellers (Offers)

Price($) Vol. No.
50.0¢ 46853 10
View Market Depth
Last trade - 13.36pm 18/09/2024 (20 minute delay) ?
WR1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.