This is from the Oct 14 preso by Wolf Minerals where they compare their resource to peers:
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0
Company
Current Market Cap (A$m)1
JORC Reserves
Planned Processing Capacity
Target Production (WO3 tpa)
Indicative C1 cost (A$/mtu)2
Estimated Capex (A$m)2
Funding Solution
1
Wolf Minerals
230.2
26.7Mt @ 0.19% WO₃ for 50,730t
3.0Mtpa
3,450
121
228
Yes
Hazelwood
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Hazelwood Resources
46.2
24.4Mt @ 0.174% WO₃ for 42,479t
2.3Mtpa
2,000
n.a.
117
No
HAZ has similar grades and size.
Wolf has secured funding and off-take for their mine in the UK and currently finishing the building of the mine and will start producing in 2015.
When comparing MCs it seems there is quite a bit of blue sky for HAZ yet.
cheers
HAZ Price at posting:
3.1¢ Sentiment: Buy Disclosure: Held