Ladies and gentlemen,
As a comparison, here's CRE's Rose deposit.
CRE market cap is currently worth around $345M, Canadian dollars. At the current exchange rate, that is $392M AUD, give or take.
31.47Mt at almost 1% of Li2O Equivalent, indicated.
WR1 has a self-imposed exploration target of 15-25Mt at 1-2% Li2O at Cancet.
Where will our share price be if we just get to the lower end of the range, say 15Mt at 1% which is roughly half of what CRE has?
Just doing peer to peer comparison, no financial advice given and DYOR.
WR1 General Discussion, page-366
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Last
57.5¢ |
Change
-0.025(4.17%) |
Mkt cap ! $124.3M | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 60.5¢ | 57.0¢ | $204.3K | 350.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 17212 | 57.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.0¢ | 6000 | 1 |
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