WR1

0.97%

51.0¢ winsome resources limited

No one is paying $500m for anything in hard to operate in...

First 32761 Last

Share
Profile

Follow
kevin103

17,271 Posts.

3296

09/09/24

10:06

Post #: 75588018
Share

Originally posted by stevenjd: ↑

Even a book on the shelf, reserved for reading in the spring time, is value to the astute book collector.

Renard is that book. It has intrinsic value of $1b of infrastructure, (excess of what required.?) that is a savings to any green field developer of CE has said $500m.

That is $500m off the price of your future capex. That is an attractive hedge for a predator who wants to stack their book collection at the weekend winter sale for used books.

A Ferrari in your driveway. But you need a track to race it on. And a few tyres and refurbishments. The advanced nature of a mature asset combination, an attractive to bet for a counter cyclical predator.

what we have, in a climate of geopolitical risk escalating that could spell supply disruption - and the west needing to firm its own verticals.
- best jurisdiction for longevity given the Uni party EV mantra, and the west wanting its own verticals outside of china.
- low risk approvals pathway
- low residual finance burden with $500m savings.

That is a bundle, attractive to a pro western firming predator.

$1b of Renard plant, to in effect to our going concern, means that $500m we dont have to spend.
Its a $500m gift voucher in the Capex store. (and approvals store)

When some are selling, accumulators buying on the other side of that, are rationalizing that we are worth more than the 100m mc or so, with that bundle and to come, book value in hand to a predator, or simply wait for the multiples from a lithium 3.0 tide rise. That tide rise, would lift the most credible the highest.

Expand

No one is paying $500m for anything in hard to operate in jurisdictions.

This thing will need at least $500mil over the years if not more to get up .and running

WR1 Price at posting: 49.0¢ Sentiment: None Disclosure: Not Held
4 Upvote

0 Great analysis

Reply

Top Stories

GDM

Banshee's historic trenches prove rich in antimony and gold for GDM

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

IRX

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

EEG

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

CUF

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

TYX

Tyranna wraps up lithium drilling in Angola; says looking for other projects with different metals

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

BNL

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

CLE

Cyclone signs MOU with Vale for development of Iron Bear play

First 32761 Last

Add WR1 (ASX) to my watchlist

(20min delay)
Last 51.0¢		Change -0.005(0.97%)		Mkt cap ! $112.9M

Open	High	Low	Value	Volume
51.0¢	51.5¢	51.0¢	$118.7K	232.0K

Buyers (Bids)

No.	Vol.	Price($)
2	50000	51.0¢

Sellers (Offers)

Price($)	Vol.	No.
51.5¢	1690	2

View Market Depth

No.	Vol.	Price($)
1	45000	0.510
3	211880	0.505
3	42000	0.500
1	9900	0.495
5	38639	0.490

Price($)	Vol.	No.
0.515	1690	2
0.520	29863	4
0.525	49000	2
0.530	34867	2
0.535	73691	4

Last trade - 16.10pm 15/11/2024 (20 minute delay)

WR1 (ASX) Chart

No one is paying $500m for anything in hard to operate in...

Banshee's historic trenches prove rich in antimony and gold for GDM

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Tyranna wraps up lithium drilling in Angola; says looking for other projects with different metals

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

Cyclone signs MOU with Vale for development of Iron Bear play

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

No one is paying $500m for anything in hard to operate in...

Top Stories

Banshee's historic trenches prove rich in antimony and gold for GDM

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Tyranna wraps up lithium drilling in Angola; says looking for other projects with different metals

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

Cyclone signs MOU with Vale for development of Iron Bear play

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News