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2.4¢ winmar resources limited

Ann: Battery Conference Presentation - March 2019, page-128

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Mutley8

2,339 Posts.

721

19/03/19

15:35

Post #: 37812073
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Originally posted by HAC30: ↑

Well the problem is when the NPV of that profit is worth $108,000,000 and you only own 50% of it.... But your market cap is $80,000,000 - $100,000,000 diluted for that 50% once the refurbishment has been made... Then slap on a sovereign risk discount etc.

This is why the likes of @ozblue have been calling posters out here. There is a massive disconnect in reality and most of the posts here. Whether that's disingenuous or innocent, it just leads people up the garden path and we know who always gets left holding the bag.

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Seriously wrong to relate the MC $ value directly in proportion to a building $ value or yearly $ profit.

Thats a P/E = 1, absurd, completely understated. You know better.

P/E of 7 to 10 closer to the mark. Now work out the Market Cap?

WFE Price at posting: 2.4¢ Sentiment: Buy Disclosure: Held
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