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0.00% 20.5¢ wiluna mining corporation limited.

Hi DF. Glad the chart was of some use. As I understand it, the...

  1. speculator101
    11,796 Posts.
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    12/05/16
    10:37
    Post #: 17744742
    Hi DF. Glad the chart was of some use.

    As I understand it, the reason the numbers might initially look a little high, is that its simply per annum, so... considering that RRL has a decent mine life for its mines (sorry, cannot remember off the top of my head), lets say 7 years. Then the valuation becomes $663 per ounce. Does that help?

    As for why RRL has a higher valuation, the 'market' views it as IMHO, being a very safe place to invest in a gold stock with multiple mines, proven track record etc etc.

    Happy for others to clarify if I have that right.
    BLK Price at posting: 47.8¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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