West High Yield (W.H.Y) Resources Ltd V.WHY

Updated Presentation

[dmacd]

Advanced PEA / PFS NPV 10% after tax is $1.3B or $17/sh for rhe processing plant hence the SP is trading at a 97% or 33x discount . Seems steep for a company that will generate $100M/yr EBITA within 12 months with a mine requiring a Capex of $5M. Let's see what the definitivev PFS reveals.

[justus434]

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[MoneyK]

Would prefer if they would have a valid 43-101 document available to shareholders within 45 days to back-up these numbers. 10% discount seems very conservative, but on the other hand, they are using much higher magnesium prices.  Being a very volatile commodity, I would tend to remain conservative and use lower numbers in my analysis. IMO. MoneyK

[gordo323]

This could explain the price movement today. The closing of the Third Tranche is subject to the approval of the TSXV. All securities issued pursuant to the Third Tranche are subject to the statutory hold period that expires four months and one day from their issuance. As previously noted in the Company's news release dated December 14, 2021, the Company intends to use the funds under each

[dmacd]

NPV is 1.3B vs .05B market cap. It's pretty discounted per my analysis and should be trading at 15% of NAV at this stage for the big project, although the mine quarry should br trading at 30% NAV pre permit given its simplicity. Hoping to see economics for both cases run. Hard to not see strong results on the go forward but time and money it will require.

[MoneyK]

Recoveries up from 60% to 80% should help sigificantly the new NPV numbers. MoneyK