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Bullboard - Stock Discussion Forum Woulfe Mining Corp WFEMF

Woulfe Mining Corp is a mineral exploration company. It is engaged in the acquisition, exploration and development of mineral properties.

GREY:WFEMF - Post Discussion

Woulfe Mining Corp > New Calculations ...
View:
Post by Mark101 on Mar 03, 2012 2:16pm

New Calculations ...

OK, since everyone is trying to throw some numbers out there, I figure I would give it a shot …

Today APT price = $435/Ton

So,

435 x 20% = $87.00 (20% discount raw tungsten)

435 – 87 = $348 (raw tungsten/ton)

348 x 75% = $261 (WOF)

87 x 45% = $39.15 (WOF)

261 + 39.15 = $300.15 (WOF/ton APT)

And,

348 x 25% = $87.00 (IMC)

87 x 55% = $47.85 (IMC)

87 + 47.85 = 134.85 (IMC/ton APT)

So, Brian is projecting 400,000 Ton ATP / year for 2013, so, 300.15 x 400,000 = $120,060,000 / year

When we ramp up production to 1 million ton / year the numbers jump to $300,150,000 /year

And when we go to full production at 2 million ton / year the numbers jump to $600,300,000 /year

So, if you  want to calculate the cost/ton ($170/ton) ….. 435 x 39% = $170 cost/ton

Therefore, $120,060,000 x 39% = $46,823,400

$120,060,000 - $46,823,400 = $73,236,600 clear revenue for 400,000 ton /year production

And ….. $300,150,000 x 39% = $117,058,500

 $300,150,000 - $117,058,500 = $183,091,500 clear revenue for 1 mil ton / year production

And ….. $600,300,000 x 39% = $234,117,000

 $600,300,000 – $234,117,000 =  $366,183,000 clear revenue for 2 mil tons /year production

And all this does not include the Molybdenum deposit and what’s coming from the Muguk project and the rest of the land leases.

Like Majormac posted earlier, it comes out to a lot of money !!!

I’m not a professional and you should do your own DD before investing in any stock. I own shares of WOF.

Comment by Majormac79 on Mar 03, 2012 2:24pm
you're making a mistake with the ore quanity look at the APT explanation in my calculations