WR1 2.86% 51.0¢ winsome resources limited

WR1 General Discussion, page-32645

  1. 27,845 Posts.
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    All imo.
    Who does Gina think we need an iron dome against ? - A. China.
    Who do we sell most of our raw materials to ? -A. China.
    We diversify with sales to India etc.
    But what is Gina scenario looking ahead risking ? - A. A ring of steel to isolate Aus to prevent its sales to other countries..
    Which is why we need larger oil reserves as well.

    Canada looking like the last man standing for mining projects in western supply lines.

    If Gina is raising the sovereign risks that i have identified, maybe others will start to look at Canada for advanced assets ?

    Now if the risk was not china, then who else is it, to which we must protect ourselves from foreign attacks on export infrastructure ? Because if it were other, then surely China as our major client would wipe the floor with this other aggressor, in order for it to sustain its exports from AUS ?

    Any which way, Gina would seem is concerned about AUS export risk.
    And Canada is geopolitical safe, with a uni party on EV, and the opposition leader Pierre P keen to quicken the approvals time frames.

    We have a very advanced asset, and esp. with Renard in place. At the very cheap end of the valuations.
    = opportunistic takeover.

    Add all that up into the predators probability dice.
    Bet, sit, and wait, and ripened following PEA.


 
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