Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

WAI Capital Investments Corp WWEXF

WAI Capital Investments Corp is an exploration stage company engaged in the acquisition, exploration and development of iron ore properties located in the Republic of Guinea.


GREY:WWEXF - Post by User

Comment by LeThugon Mar 05, 2013 9:25pm
145 Views
Post# 21084022

RE: Napkin Math

RE: Napkin Math

never say never but i guess  "economically viable" is not really debatable.

not just the drilling has been very good so far but also there are very low impurities. 

bellzone forécariah got just 240m tons defined at the moment and they built the mine just on internal studies back then.  and even with their 58% product they will make hefty profits once they will manage the typical hiccups of a junior miner.

that's why i am really bullish since the interest by cif.

they wouldn't pour 10-30 million into wai if they wouldn't have seen what is there.

wai is aiming a 62% product at wondima and if they can prove just some additional dso at sambalama (that is more difficult to drill as vanguard said) the initial capex would be extremly low since there is almost no need for additional infrastructure.

page 9/10:

https://www.bellzone.com/images/downloads/Investor-Update-July-2012.pdf

 

 

<< Previous
Bullboard Posts
Next >>