NPV per share on our WBP project

Metrics:
gold price (POG): USD1850/oz
USD to AUD: 1:1.36
Shares on Issue (SOI): 1.6 billion
Post tax NPV Qala shallows in USD: 128.5 million USD
Per DFS Qala Shallows stage 1 account for 40% gold production for whole 5 stages WBP project
this is on WBP alone based on Qala shallows DFS GOLD
Does nit include Mt cecelia, uranium etc

27.3c/share

if we account for 66% ownership of WBP it would be 18c/share
we need consider though that our BEE partner is required to payback all the investments we are putting into the project as they’re not a free carry partner. So for me, it should be circling between 18c-27.3c.

above is based on current POG and Exchange rate and the DFS for qala shallows release couple months ago.


peak funding also decreases as the POG goes higher.


*my opinion, my bet, my gain, not a financial advise and DYOR