WR1 General Discussion, page-5924

WR1 is sitting at approx $317m market cap fully diluted. All things considered, we are still at an early stage and imo, this valuation is remarkeble considering the limited assays released so far. I honestly never expected this valuation at this stage and dont believe it has sold off.
PMT got annihilated post a few days from listing after hitting a high of around $1.85 from memory whilst WR1 was surging.
PMT's last assays were remarkeable, freaky actually and its now re-rating after covereage from brokers and a general recovery in the lithium sector.
As mentioned previously, PMT are looking at delivering a 200mt resource mid year and applying $150mt per every 10mt, gives a valuation of around $3B, so it could double from here.
WR1 at this, its way too early to predict the size of the conbined deposits but lets say based on the info we have a ballpark figure of 20mt could be announced mid year, however they'll need to get cranking on drilling.
20mt x 150mt gives a valuation of around $300m. If we get lucky on strike extensions & depth, then 40mt is possible, so we could also double from here.