What’s the point of stating the obvious? Admittedly that post I...

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Mutley8

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21/03/19

17:12

Post #: 37842785
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Originally posted by ozblue: ↑

@Shaq_01

Which 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.pdf
Company 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.pdf
New 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.pdf

September 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??

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What’s the point of stating the obvious? Admittedly that post I view as your greatest contribution to the WFE threads. Good to know but certainly not a concern in anyway, unless one is biased and ignore all the other facts and information.

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

0 Great analysis

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What’s the point of stating the obvious? Admittedly that post I...

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The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

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