KWG Resources Inc C.CACR

Value of Ring of Fire Assets

[oilinvestor2022]

If you do the math on what KWG land holdings are worth based on paying 34 million for the lands that KWG is proposing to acquire we should be trading at a dollar. 

I think things are starting to get interesting in the ROF.  Does anyone have the acres acquired breakdown to do the math on what our holdings are worth?

I will keep looking to see if I can do the math.  Fan camps website is pretty tough to navigate.

Good Luck to all and do your own due dilegence.

oil investor

[ClayTaurus]

Thinking that the value is in consolidating the property quickly via capitalization, rather than expenditure over time. The triparte JV did contain a pathway to 80% via expendidtures, which guided the valuation in this case as a percentage of what KWG would have had to spend to gain control anyway.  It's a quicker path to the intended result with cost-certainty.

[Patentpending1]

Well said! Patience is a virtue

[Patentpending1]

All I know is I'm happy and this day ends a question I had in my mind. More drilling ??? I think so. So I'm not selling my share tomorrow. LOL Comon 2025