Woulfe Mining Corp WFEMF

RE: Remembering the bigger picture...

[nebbya]

I have not had time to go onto SEDAR and download the feasibility study.  That will give all of the specific values used in the calculations.

 

Remember that WOF has 75% of the Sadong (mining concentrate) and 45% of the APT plant.  The $400.3m NPV is for the entire project, not WOF's share.

 

 

 

400.3 NPV with 309 shares = $1.30/share

This is is considering the following:

1.  Only Sangdong, not all of Woulfe's assets

2.  No moly in the Sangdong calculation (but that will come in time)

3.  At 1.2MTA capacity (although they eventually will go to 2.4MTA)

4.  Just the fast-tracked top part of the Sangdong mine (this mine will last decades longer than what is set out for this initial BFS of just a portion of the mine).

 

Give people the rest of the week to figure all this out--the s/p is still way undervalued IMHO.