Is this correct? 50% of Pebble mine owned by Northern Dynasty which has market cap of $300M usd. NPV from 2011 PEA showed their share at $2.5B - so trading at 12% NPV.
WRN market cap around $170M and dated FS was around $2B I believe if 7% discount rather than 8% to get apples to apples with pebble. So we are around 9%.
are we really trading at a market cap to NPV LOWER than Northern Dynasty????
that is a sad sick joke and an indictment against our management if my math is correct....
would appreciate someone telling me I'm wrong...