WA1 1.84% $14.38 wa1 resources ltd

Ann: Proposed issue of securities - WA1, page-17

  1. 6,711 Posts.
    lightbulb Created with Sketch. 1320
    You're quoting a share price. Let's go to Valuation 101, SOI x SP = 64m x $10 = $640m
    Current market cap is $640m, with $58m in cash, that's $582m EV.
    Is someone going to dare to tell me that this is over priced for the second best high grade Niobium deposit in the world.

    Let this sink in for a while

    https://hotcopper.com.au/data/attachments/5906/5906290-5abfbc8c0409f822a83ebe11dcdc73bc.jpg



 
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