RE:RE:RE:NPVIn a lower priced environment on average back in 2011 WRN hit $4. Fast forward to today with a much more advanced project and 10 years worth of inflation. The $4 in 2011 is today $6. If no deal was brewing for $4 then, don't expect the equivalent of $6 today. Has to be well north of that.
Didn't I guesstimate around $20 a share in a previous post based on some rudimentary calculations? Others have said that $10+ would be the bare minimum. We'll have to see what happens, but if we hit our minimums, we are talking a 10 bagger here. Absolutely no risk that this is less than a 5 bagger.
If a 5 bagger (likely higher) isn't good enough for investors, I wish them well as they attempt to track down the next Game Stop instant 30 bagger.