Australia's largest stock trading and investment forum Australia's #1 stock forum

WFE

Click for more information

0.00%

2.4¢ winmar resources limited

USD$85m = AUD$120m Giddy up :-)

First 83 Last

Share
Profile

Follow
Tcb007

7,426 Posts.

312

20/03/19

23:00

Post #: 37831289
Share

Originally posted by beisha ↑

Value of the plant as is............................$33,000,000
Thats more than half of our MC right now, that alone gives me a smirk.......

Dumb it down all you like, the fact is this baby has skipped 5 yrs of hard slog and saved a stack load of cash / dilution in exploration all the way to DFS and decision to mine.

Then they would have to come up with 85m for a new processing plant.

WFE will re rate upon re listing, make no doubt about it, the extent of the re rate, well, who knows, its unique to say the least and we are in a bear market still...........

AIMHO

Expand

USD$85m = AUD$120m

Giddy up

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

1 Great analysis

Reply

Top Stories

RLF

Lord picks up high-grade copper play in Western Australia, with past intercepts of up to 6.62%

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

Bitcoin jumps 8% to beat record on Trump vote optimism

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

SI6

Nanocap Si6 Metals to kick off drilling at Monument gold project WA, chasing past hits

There are more pages in this discussion • 138 more messages in this thread...

First 83 Last

Add WFE (ASX) to my watchlist