Ok, to remove a couple of burrs upfront: I'm very happy that Chris Evans is running this show but someone needs to buy him a suit that fits; also it's "nickel" not "nickle".
(Having got that shit off my liver ...) really astute observation by CM to the RK Equity guys recently (from 6:00 of the video below) when he said Winsome benefits from a "trifecta of factors": 1. being into lithium at this stage of the cycle, 2. looking for lithium in Quebec, and 3. being a lithium play on the ASX. He went to point out that when Winsome sought to raise $12m to $18m in IPO money they received subscriptions of over $80m, which shows the depth of support for lithium stocks on the ASX.
Freeflyingkiwi made the point that the Canuck Vision Lithium has a couple of high potential early stage projects yet only has a market cap of about A$43m. Comparing Vision's mc to that of Winsome and Essential Metals I reckon Vision would be two or three times bigger if it were an ASX stock. And if I were that geologist, Glenn Griesbach, that did the deal with Winsome for the Decelles tenements, I would have been inclined to favour getting paid in shares listed on the ASX of a firm run by an experienced spodumene practitioner.
Also interested to see how CM prioritises Decelles against Cancet. I would think the logistics and economics strongly favour Decelles as being able to be brought into production faster than Cancet. In the video he says that maiden MRE and scoping study for Cancet should be delivered in the next 12 months (or maybe sooner).
- Forums
- ASX - By Stock
- WR1
- WR1 General Discussion
WR1 General Discussion, page-77
-
- There are more pages in this discussion • 32,470 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WR1 (ASX) to my watchlist
|
|||||
Last
53.0¢ |
Change
0.020(3.92%) |
Mkt cap ! $114.6M |
Open | High | Low | Value | Volume |
52.5¢ | 53.0¢ | 50.0¢ | $248.8K | 482.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 17560 | 52.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
53.0¢ | 7263 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 40000 | 0.515 |
2 | 101500 | 0.510 |
1 | 22685 | 0.505 |
2 | 35000 | 0.495 |
8 | 92477 | 0.490 |
Price($) | Vol. | No. |
---|---|---|
0.545 | 17000 | 2 |
0.570 | 19105 | 2 |
0.585 | 20000 | 1 |
0.595 | 10000 | 1 |
0.600 | 20000 | 1 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
WR1 (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online