Don't forget that ~$500M AUD NPV is pre-tax and pre-66% allocation. Post tax NPV is currently ~$143M AUD total or $94M AUD accounting for the 66%.
So if that's for 40% of the project the implied ballpark NPV for the whole project post-tax is $357M AUD, and accounting for the 66% its $235M AUD.
The company is currently valued at $86M AUD market cap for a $94M AUD NPV first-stage. That's before raising the $43M AUD start-up capex ($32M USD per page 28) and with quite a few other uncertainties between now and production, and with quite a long ramp-up period (apart from the "early initiatives" which go under the uncertainty category because the company has given zero real information about it).
I am quite confident that WWI is currently over valued. Sorry.
Ann: DFS Delivers Strong Results on 1st Stage of WBP Development, page-141
-
- There are more pages in this discussion • 195 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WWI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.4¢ |
Change
0.001(7.69%) |
Mkt cap ! $35.58M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.4¢ | 1.3¢ | $8.485K | 617.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 7337193 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 398990 | 1 |
View Market Depth
| Last trade - 16.10pm 12/08/2024 (20 minute delay) ? |
| WWI (ASX) Chart |