GREY:WFEMF - Post by User
Comment by
Dragone64on Nov 05, 2012 10:17am
263 Views
Post# 20562331
RE: a nice spike
RE: a nice spike Well...would be great to see the 2 $ but I guess this is rather unrealistic in the next 24 months to come.
My feeling is that as soon as IMC signs AND we have the confirmation of this Korean Bank that the loan is fine we might see a SP in the 50-70 cents range. This were roughly 50 % of the theoretic NPV or 50 % of what Woulfe would be worth if Sangdong would already produce tungsten. As soon as they produce a SP of 1 to 1.50 $ might be fine if everythings works as it should. I assume a possible net profit of $ 50m per year and a PE of 10.
Might be that in the long run (5-10 years) we might see 3, 4 or more $ but in the short and medium term this is just wishfull thinking.