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Woulfe Mining Corp WFEMF

Metals & Mining Industrial Metals & Minerals
Woulfe Mining Corp is a mineral exploration company. It is engaged in the acquisition, exploration and development of mineral properties.


GREY:WFEMF - Post by User

Woulfe Mining Corp > Posco facility & p
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Comment by ark88on Oct 11, 2012 2:22pm
209 Views
Post# 20474212

RE: RE: RE: RE: RE: RE: RE: RE: Posco facility & p

RE: RE: RE: RE: RE: RE: RE: RE: Posco facility & p

Cash flow is dependent on IMC finalizing their part of the deal, some of the Collateral is dependent on IMC finalizing their deal.

 

I have to disagree. The only collateral that Woulfe can provide is the sangdong mine itself or any other hard asset. The mine plant and the offtake agreement could be worth zero if tungsten prices collapse below cost of production.

 

 

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