Wheaton Precious Metals Corp T.WPM

MJS.V Detailed Fact Sheet for Review

[Value2020]

• Mine In Productin Since 2011

• Mine License exptenedl for 10 years  Till 2031.

• First Licensed for 5 year till 2016, Second extension 5 year till 2021, Latest extension 10 year till 2031.  No Regional or Regularity Risk.

• Mine life till 2043 (21 More Years) so 1 more extension will be needed. History shows this will be routine.

• Governmental Safety Inspections completed in August 12, 2021. No remaining risk.

• Total cash costs are $654/ounce.  Gold trading at $1755/ounce

Market Cap:      88.63 Million
Cash Position: 43.30 Million
Total Debt: 0

2022 Net Income 6 months: 11.30 Million

The financial summary for 2 most recent quarters:

June 30, 2022
Revenue:                 $16,438,676 
Net income (loss): $5,844,799  
Income per share:   0.01 

March 31, 2022
Revenue:                 $16,966,985  
Net income (loss): $5,417,860 
Income per share:   0.01 

Shandong Mining trading at 25 times Net Income. Majestic Market Cap Calculation as per Peers

• Majestic first 6 months net income: 11.3 Million
• 12 Month projected Net Income: 23.0 Million
• 23 Million x 25 times multiple = 575 Million