@Shaq_01Which of these are opinion??
On Pg2 Mr Connely's report states
" The project is based on processing 25 tph of copper cobalt ore."
On Pg 44
" A value under this scenario has been attempted at a high level and subject to a number of disclaimers the financial model NPV value is US$108,000,000. It is expected that a buyer would not pay the full NPV value but a discounted rate."
https://www.asx.com.au/asxpdf/20180920/pdf/43yhn10cfpf94c.pdfCompany 3b from 20/9/2018 ...........
FPO 2,422,951,276
Escrowed FPO 200,000,000
options $0 .001c 20,000,000
options $0.003c 25,000,000
performance rights escrowed 100,000,000
Total All FPO shares plus in the money options plus performance rights
2,767,951,276
https://www.asx.com.au/asxpdf/20180723/pdf/43wpsd3zx5s96p.pdfNew issues from agreement with AHIC total pg9 300,000,000
New issue for exploration tenement pg2 20,000,000
https://www.asx.com.au/asxpdf/20181031/pdf/43zwq7b4cksww7.pdfSeptember quarterly 31/10/18 p8
Cap raise raised to $A10M (at 2.4c/sh)
shares to be issued 416,666,666
Total shares 2,767,951,276 + 736,666,666 = 3,504,617,942
multiply by 2.4c/sh
= Fully diluted Mcap of $84,110,830.60
From all the above numbers I have been quoting ALL came from WFE..
Which of the above are 'my opinion' and not factual information from the company or it's Independent Expert??