WAF valuation, page-201

I agree with you Cwhite, its also good to keep in mind that the last capital raise was done in June 2018 at 32c. When this raise happend the share price went under the 32c raise price, down to around 29cents. Similar to the current share price decline below 25c we are now experiencing... However Soon after the june raise, the new feasibility study was announced and the share price rocketed back up to 39-40c a week after the announcement was made. The new updated feasibility report is due in the next 8 weeks for sanbrado, so im looking for a re-rate to 30-32c on the back of this announcement. P.S Agm is on next week, hope to see some of you there Cheers ST