Woulfe Mining Corp WFEMF

WOF Future Stock Price Estimation

[StockExpertPro]

Based on my estimation of future total earnings. According to the Woulfe Mining website total earnings will be around 200 million per year from tungsten alone. WOF will be in a 60/40 joint venture with IMC. If operating costs are 100 million dollars per year plus around 44 million in taxes.
That leaves 56 million in net revenue and IMC gets around 22 million or 40% of the cut from the net revenue. That leaves a whopping 34 million per year plus molybdenum revenue which should be around 10 million total and 6 million net. Which brings us to a grand total of 40 million per year in net revenue for WOF. I believe they get some huge tax credits during the first 5 years of the mine which could drastically increase net revenue. WOF could be looking at over 60 million per year in net revenue if things go well. On the low side WOF stock should hit $1.60 per share and on the high side the stock price could reach $4+ per share. Another factor to take into consideration is the extremely long mine life of Sandong and the gold and silver at the Muguk Mine. Sandong Mine has a mine life of up to 80 years possibly. Which would be a very steady stream of long term income for the company.

*Note: If WOF can figure out a way to lower operating costs that could greatly increase net revenue.

[biznotstock]

"WOF will be in a 60/40 joint venture with IMC." Where did you get your numbers from? I'm sorry to say this but your numbers are probably off... Posting 5 times a day but doing no research helps no one on this board. Then again we should all do our own DD... Both the following sources support different numbers: https://www.woulfemining.com/s/NewsReleases.asp?ReportID=509691&

[StockExpertPro]

IMC has agreed to acquire a 25% interest in Sangdong for cash consideration totalling CDN$35 million; • Woulfe and IMC have agreed to jointly establish a Korean company ("APT JV"), which will be owned 45% by Woulfe and 55% by IMC. The parties will invest up to CDN$15.75 million and CDN$19.25 million, respectively, into the APT JV to build a facility in Korea for the processing of

[biznotstock]

Ok, I get it... But, you are making the assumption that 50% of net income will come from Sangdong Mining Corporation and the other 50% from the APT JV.  The margins on mining are not necessarily the same as the ones that come as a result of the APT JV. No one has seen the prices(ratios) which have been agreed upon. TaeguTec(IMC) Cutting Tools could very well be waiting for an (overly

[StockExpertPro]

You're right it could vary some. I actually think it will probably equal out to about 63% for WOF and 37% for IMC after all of the variables are calculated. The 80 year mine life on the Sandong tungsten supply could be worth well over three billion US dollars and that does not even include the molybdenum. IMC is getting a great deal. Warren Buffett and Berkshire Hathaway will not let

[geologyfella]

I agree with your last sentence.