WFE 0.00% 2.4¢ winmar resources limited

independent valuation of luapula plant, page-78

  1. 733 Posts.
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    Value of the plant as is............................$33,000,000
    Thats more than half of our MC right now, that alone gives me a smirk.......

    Dumb it down all you like, the fact is this baby has skipped 5 yrs of hard slog and saved a stack load of cash / dilution in exploration all the way to DFS and decision to mine.

    Then they would have to come up with 85m for a new processing plant.

    WFE will re rate upon re listing, make no doubt about it, the extent of the re rate, well, who knows, its unique to say the least and we are in a bear market still...........

    AIMHO
 
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