WMC 0.00% 20.5¢ wiluna mining corporation limited.

EV valutaion - BLK vs DRM vs SLR vs BDR, page-70

  1. 4,315 Posts.
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    Good work DF.

    I think Spec pointed out earlier but if you want to compare GOR you need to account for the cost of building a new plant, otherwise the ratios will be incorrect.

    Traditionally a 70/30 debt/equity split would be used to finance a plant. From memory GOR need ~$450M so probably 200M new shares and $300M in debt. You can check these numbers in their PFS.
 
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