WA1 1.35% $17.30 wa1 resources ltd

General discussion, page-8605

  1. 590 Posts.
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    I came across this figure which happens to support the 70% discount I used in my valuation model.
    It comes from Next Investors (quote:"For a mining company to progress from exploration to development a JORC resource needs to be defined and eventually be upgraded into a reserve category.This is called the definition phase.") and represents risk over mine development phases. I have added the Discount %. It can be considered as the Lassonde curve without the irrational sentiment changes.

    https://hotcopper.com.au/data/attachments/6237/6237074-a9c37a57d214411bc9b0834a2f30ca40.jpg
 
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