Morningstar fair value estimate $1.02 on WildCat, page-35

Hi warrain

i think the WildCat Board would love to steer the company through to production, but corporate manoeuvres may take that destiny away from them.

please have a look at the calibre and experience of the new MD (AJ) … a world class highly experienced miner.
please have a look at the experience of the Chairman, a co-founder of one of the most respected independent mineral consulting groups in the world.
This Board has the experience to deliver on a project.

valuations are really just so hard at this stage, whilst so much is still unknown at WildCat in regards to project size, metallurgy, off take and strategic partnerships, potential for early toll treatment (early cashflow?), underlying commodity price outlook etc etc

We know what Azure/Andover was worth 4 months ago, but would it really be worth the same today as a corporate play??

I still feel the medium/long term trend feels UP .. but reluctant to put a target on it