WFE 0.00% 2.4¢ winmar resources limited

independent valuation of luapula plant, page-313

  1. 4,308 Posts.
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    Heart palpitations on $25m offtake agreement with European automaker...probably Volkswagon

    Broken record of misinformation..been through this merry-go-round before...
    WFE Funding equation below-

    Possible Payments (cash component)
    - $7.15m aud for the plant
    - $1.56m aud for the landholdings
    - $5.85m aud for the plant readiness
    Possible Receipts (cash component)
    - $10m aud cap raise for ASXlisting
    - $32m or more offtake...unknown
    - Funding from Euripean partner..
    unknown and probably part of LSE listing
    - Funding from LSE Listing

    **please note contrary to your claims the $5.5M is inclusive and within the overall $10M...Oz please refer to page 93 of the METS report under project budget

    ***this is all in IN MY OPINION..also for metric accuracy have included all numbers in aud

    Also contrary to what you Oz and others stated WFE will be in a very strong position from a funding perspective if all works out the way they’ve indicated in their announcements.
 
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