CY5 151m fp + 38m ops
at 20c = 30m mc, with 6m cash = 24m EV
Stage 1 Earn-In (51%):
• Spending C$4,000,000 over 18 months comprising:
• Making a cash payment to Stria of C$2,000,000 at the end of the Stage 1 Earn In
Stage 2 Earn-In (up to 70%):
• Cygnus to spend a further C$6,000,000 in 30 months after satisfaction of Stage 1 Earn-in; and
• Making a cash payment to Stria of C$3,000,000 at the end of the Stage 2 Earn In
So they have a EV of 24m , and still need to spend to earn in, in a less advanced asset than we have,
WR1
143m FP x 19c = 27m mc - 13.5m cash = 13.5m EV.
The new kid on the block, has 2x our EV. And doesnt own it yet.
- Forums
- ASX - By Stock
- WR1
- WR1 - World class project in North America
WR1 - World class project in North America, page-3
-
- There are more pages in this discussion • 65 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WR1 (ASX) to my watchlist
(20min delay)
|
|||||
Last
53.5¢ |
Change
-0.035(6.14%) |
Mkt cap ! $118.5M |
Open | High | Low | Value | Volume |
56.0¢ | 56.0¢ | 52.5¢ | $806.8K | 1.496M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3000 | 53.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
56.5¢ | 10084 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3000 | 0.535 |
3 | 16336 | 0.530 |
6 | 61948 | 0.525 |
5 | 29816 | 0.520 |
1 | 7222 | 0.515 |
Price($) | Vol. | No. |
---|---|---|
0.565 | 10084 | 1 |
0.570 | 24587 | 2 |
0.575 | 7836 | 2 |
0.580 | 30000 | 1 |
0.585 | 40000 | 2 |
Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
Featured News
WR1 (ASX) Chart |
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
SPONSORED BY The Market Online