RE:RE:RE:RE:Fidelity Investments in WRN ....I was saying $6 usd per share even before the interview where Paul said as much....
Typical acquistions are going to be around 40% or so NPV --- that puts you around $1B cad or $800M usd --- gives you $5 usd per share....
i would try to squeeze another $0.3 usd per share based upon $50M in the bank (or some stupid silly amount that is good for nothing stupid raise for no idiodic reason when they told us they had plenty of cash to take thru permitting right after the Rio raise...stupid stupid stupid).....and then the other $0.7 usd per share based upon the PEA using stupid 8% discount rather than 6.5% (balance between base metal and precious metal typical discount) ---and the fact that Rio has a cost of capital of like even 1/2 of the 6.5%.
But yes you heard it 1st from Sooner.....$6 usd per share!!!! You heard it 2nd from Paul.....$1B!
For those hoping for $2B or $20B or some pipe dream....wake up and listen to Sooner....and Paul ...as he whispers in that interview....$2B ain't gonna happen so anyting north of $10 usd won't happen based upon what we know right now! Something drastic would have to change in the NPV.