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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

Comment by GaiusGermanicuson Jul 09, 2015 1:34am
134 Views
Post# 23906038

RE:quick follow up

RE:quick follow up
74volfram wrote: I
The new offer is within the range of the old offer, except with a fixed conversion rate of AII and WOF.  Woulfe shareholder will own 40.2% of the combined A&W company, no matter what the SP of Woulfe or Almonty is at close of the deal.



I had planned on a certain amount of dilution ramping to production on Woulfe.  I note that I wanted an end amount of .1% of the company, so I built up about  .239%, which, after getting 40% of Almonty means I'll end up with JUST about .1% of the combined whole.

I guess I'll have to live with that, given its better than most other outcomes with significant probability.

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