You are assuming that the debt would have come without the equity raise. As for the NPV I don't think it is a good idea to use the DFS numbers given the increased resource and plant size.
While I would have loved to see WAF raising off a 50c SP, the market is not very good right now for gold developers. Look at GOR which is sub-60c and will be pouring gold in a few months. 25c is not ideal, but it is far from a disaster.
Ann: Capital Raising Presentation December 2018, page-47
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Last
$1.52 |
Change
0.000(0.00%) |
Mkt cap ! $1.866B | |||
| Open | High | Low | Value | Volume |
| $1.53 | $1.53 | $1.48 | $3.819M | 2.538M |
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| No. | Vol. | Price($) |
|---|---|---|
| 3 | 26174 | $1.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.52 | 54794 | 3 |
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