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WESTERN POTASH CORP T.WPX

"Western Potash Corp is engaged in the acquisition, evaluation, and exploration of mineral properties containing potash in Western Canada. The Company holds interests in the Milestone Project located in Southern Saskatchewan."


TSX:WPX - Post by User

Post by theinvstoreon Mar 13, 2014 10:44pm
411 Views
Post# 22321283

Hypothetical price range

Hypothetical price rangeShould the 40% for $1B come to fruition we would be diluted to 40% of the total value of this company since 20% has already been purchased. Yes there is no increase in the number of shares on the open market but 60% of the asset is owned by other entities.

Can anyone provide an estimated share price for the operating mine based on the previously assumed $11/share when it was a wholly owned asset. simple numbers would make it  $4.40/share... but I dont think its that simple.


TIA






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