RE:RE:From the blogosphere -Ronald Stewartits difficult to put a value simply on the company based on a log of production and EV relationship.
At the end of the day the value is better valued based on discounted future cash flows + residual value of their prospective land (mineral claims).
WDO has a mine/mill infrastructure that was built I think by Falcolnbridge (correct me if wrong please) and would cost 300-400 million to replace today. I believe they (Western Quebec Mines) paid 25 million for the property and mill. So the ROI and cash flow of the company will be massive with no debt and minimal sustaining costs. Costs will continue to drop on a per ounce basis if they find more Rydell shears on the property.
Hard to put a value on the mystery updside. I think $8.00 is a good place to add shares.