GREY:WFEMF - Post by User
Comment by
lonadeon Jan 20, 2015 1:18am
264 Views
Post# 23337919
RE:Very quiet.
RE:Very quiet.
We're all waiting for the new minging plan and feasibility study to be released. I will expect the IRR to increase fruther due to the new strategies being implemented. It is already very high at 36/39% (compared to any other tungsten projects on the world market) as per the latest news updates provided, but will provide even more support to get the project financed easily.
Then with the gold price looking to trend upward again, it will be interesting to see when they start working on Muguk. With the high grades and the expansion potential, that could also turn out to be a cash machine for WOF. We will see....
Till then there is really not much to discuss. None of the fundamentals have changed.