WPG
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0.00% 1.5¢ wpg resources ltd

Ann: Tarcoola updated Feasibility Study and Ore Reserve Estimate-WPG.AX, page-27

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  1. thomas01
    33 Posts.
    lightbulb Created with Sketch. 15
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    01/09/16
    14:07
    Post #: 18858477
    Just to clarify things......... the $15m from Tarcoola is included in my estimate of $35m free cashflow from the Challenger mill!

    WPG will still a bloody "cash cow" IMO..... excuse the french
    All for a current Enterprise Value of (~775m sharesx8.5cps - $4m cash), EV ~$66m. Note this is fully diluted and includes the options
    WPG Price at posting: 8.8¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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