GREY:WFEMF - Post by User
Comment by
cult_of_frankon Sep 24, 2012 7:52pm
323 Views
Post# 20408885
RE: RE: RE: SP potential
RE: RE: RE: SP potential $1.50 on the low side sounds nice and is probably closer to the $1.18 that I crudely calculate using the Wardrop scoping study NPV and fully diluted share count. However, although there's potential for the moly (especially with the developments kyoung has shared) I don't have a reliable way to value it so it just gets added to my basket of cherries on top alongside Muguk and so on. The scoping study uses an 8% discount (correct me if I'm wrong, that's from memory) which might be high but I hope for my investments to do that well on a returns basis so there's no good reason for me to remove the discount...
I'd certainly be interested in seeing how you are coming up with your numbers, not because I doubt them but because I am also pretty optimistic on this company and it's always nice to see others' work.
As for 5 years from now, I don't have anything better than a guess to offer but we should have transitioned to a P/E ratio long before that and thus be well above the $1.18 I'm looking at now.