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WR1 General Discussion, page-26788

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teiris

982 Posts.

91

11/03/24

15:13

Post #: 72842557
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Originally posted by BAU: ↑

I wouldn't think RIO would be interested in Adina unless/until it is over 100mt and has a mine life of 20 years or greater.

Don't know if they would be prepared to have their own geo's extrapolate the expected size of Adina and strike early or if they will wait for the DFS/PFS and 3rd MRE upgrade at the end of the year.

If Adina gets over 100mt and 20 year LOM then you would expect RIO and a few others showing interest, a vehicle manufacturer looking for vertical integration may be the big sleeper here.

But the magic numbers are 100mt+ or greater and 20yr LOM.

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Just matter of time that Chris show them the portfolio 'we have 100Mt with grade and its expanding still, minimum bidding price is starting from $10, are you interested in ?'

WR1 Price at posting: 91.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last $1.24		Change 0.000(0.00%)		Mkt cap ! $235.6M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	377	$1.35

Sellers (Offers)

Price($)	Vol.	No.
$1.20	700	1

View Market Depth

No.	Vol.	Price($)
1	377	1.350
2	951	1.265
1	2600	1.260
1	2000	1.245
1	1000	1.240

Price($)	Vol.	No.
1.200	700	1
1.225	2096	3
1.240	3400	1
1.245	800	1
1.260	20000	1

Last trade - 16.16pm 27/05/2024 (20 minute delay)

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