RE:RE:RE:While you all chatter in theoryP.S., Sooner:
In my "common sense" approach, I use the formula listed in the mining literature that uses the NPV divided by the number of shares to determine the purchase price. In WRN's case, that would be approximately 5,000,000,000 (NPV) divided by 200,000,000 (WRN shares) for a figure of $25 per share.