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Current mcap is only $20million. $7million would be fire sale...

  1. HotRods65
    8,417 Posts.
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    06/11/21
    10:05
    Post #: 57364649
    Current mcap is only $20million. $7million would be fire sale rate on the shell, gold project, and 3million cash/liquid investment. So currently Wonarah is valued at about $13million.
    If Wonarah was worth $40million + $7 for shell/gold project/cash = $47 million which equates to roughly 5.5cents per share. Personally I think Wonarah is worth A LOT more than $40million in this current phosphates market.
    AEV Price at posting: 2.4¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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