GREY:WFEMF - Post by User
Comment by
Flow23on Jul 10, 2015 12:02pm
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Post# 23911716
RE:RE:merger numbers
RE:RE:merger numbersThe value of something always depends on the price someone is willing to pay for it. At the moment the true value of Woulfe is around 0.07 CAD. Additional value has to be unlocked by someone or by increase in tungsten price . Every mining company or investor is free to make an offer to Woulfe shareholders above the merger pricing. No one ist doing this, because tungsten prices are down and tungsten mining especially Sangdong is challenging. No financial investor will be able to unlock value without a expierenced tungsten mining team, so I believe Almonty is the best what could happen to us, even though I also would like to see a higher conversion price.