WFE winmar resources limited

Ann: Winmar acquires Lomero drill core and QA/QC data-WFE.AX, page-128

  1. 28,660 Posts.
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    Imo legs up

    - There's a climb to some sort of fair value for 800koz plus sexy co credits
    1.0-1.5c

    - then there's speculation that our drills turn up extensions and other lenses - 2c?

    Because you have to factor what the prize is if they do find other lenses ?
    2-3m oz gold and silver copper zinc that's got to be 10c or 100m mc??
    (So is 2c a fair spec punt on 10c)

    So how much should a base valuation for the bird in hand , then speculation of what is possible ? More than the bird in hand , but less than two birds in the hand .

    Then - the wild card - other projects in the area ? !!!!
    3-4-5c

    Thoughts ? Lots of value and speculation to be had as the region is ripe .
    Last edited by stevenjd: 07/10/16
 
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