GREY:WFEMF - Post by User
Post by
kymat2on Mar 25, 2015 3:03pm
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Post# 23560635
Just a thought....
Just a thought....
If dundee was to blow the $100 mil on a buyout of Woulfe, wouldn't they still have to come up with the $74 mil Capex to bring the mine into production. There is still the IMC deal of $35 mil less the outstanding loan. My uneducated guess, if indeed Dundee is our saviour and proceeds with construction and buyout, that would be approx. 14 cents a share. Correct me if I'm Wrong. All JMHO.
Ky