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Woulfe Mining Corp WFEMF

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

Post by Majormac79on Mar 03, 2012 2:50pm
405 Views
Post# 19622528

credibility

credibility

You mark my credibility down but my math is in the ball park of what Brian Wesson himself said woulfe would earn in a per year with producing 1.2mta   with gross $180 million a year before expenses

 

$106,164,000 (net profit

$82,620,000 ($170/mtu) cost of production

=$188,784,000 gross income

 

 

Brian stated in the questioning part at the end of the presentation that the break even price ranged between 130and 170 per MTU

I believe the range has to do with interest rates on the loans, fuel and chemical supplies, and employee wages

 

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