WRM
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0.00% 6.3¢ white rock minerals limited

Super fast ballpark calcSo WRM gets $13.5M in cash payments if...

  1. Nortalk
    389 Posts.
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    20/10/20
    09:28
    Post #: 48223083
    Super fast ballpark calc
    So WRM gets $13.5M in cash payments if things proceed as planned and will still hold 30% of Mt. Carrington.
    Currently $40.7M market cap, $15.7M cash on hand, $13.5M payments coming (ignoring time before payments arrive and some risk).
    $11.5M left as ballpark value for Last Chance and Red Mountain. Either should easily exceed that, especially where I think Last Chance is headed.
    Last edited by Nortalk: 20/10/20
    WRM Price at posting: 56.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 2  Great analysis
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