WAF 1.01% $1.50 west african resources limited

Last Change for Cheapies - about to close gap?, page-3

  1. 65 Posts.
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    Can someone explain to me why, even now that the cap raise shares are accounted for; there is such a huge duscrepancy between NPV driven valuation (68.5c aud on 405m usd) and current sp?

    I understand npv isn't absolute metric, and we're in 14 months preproduction, orphan period, but is there sonething I'm missing?. The gap is huge.
 
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