WPG 0.00% 1.5¢ wpg resources ltd

finally the bankable feasibility study out, page-6

  1. 884 Posts.

    140m is discounted cash flow value.

    DCF = EBIT - recalculated taxes (=tax rate*EBIT) + depreciation - capex

    i don't think the market liked the 110m capital expenditure cost. vertitas was expecting 50-70m

    DCF is low because they haven't included production from buzzard and future io price expectations are conservative.


 
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