WMC 0.00% 20.5¢ wiluna mining corporation limited.

Outstanding value per peer comparison

  1. 34,333 Posts.
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    I've compiled ASX announcements into the following table and chart for comparison only.
    There're many other factors to be considered as limited facts can be included in a table and chart.

    As at today, BLK, is valued at A$18/oz for 6.5Moz JORC gold resource.
    BLK: Cash and bullion of $31.4 million and secured debt of $43.8 million at 28 Feb 2018, net debt A$12.4m, reduced by $8.2m from the operating cash flow over last two months.

    Recent production performance:
    All in sustaining costs (AISC) reduced to A$912/oz in Feb 18, a 21% decrease on Jan’18 (A$1,158/oz)
    New record monthly gold production in Feb 18 of 6,713oz (Jan’18: 6,498oz)

    Stage 1: Free Milling Mine:
    - Initial 3.5 years free milling mine to mine 250,000oz at AISC A$1,100 - A$1,200/oz, started January 2018.
    - Free milling resource: 22.8Mt @1.76g/t, 1.3Moz to support future expansion

    Stage 2: Medium Term Growth:
    - Initial 9 year mine plan for 1.5Moz production (Most of DFS costs already spent)
    - Capex: A$114m
    - Annual production 207koz at AISC A$1,058/oz for first six years
    - NPV8%: A$360m ; IRR 123%
    - 6.5Moz JORC gold resource support expand of mine life

    Resource Growth Potential:
    - Large land holding of +1,100km2
    - 55km of strike



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    Always do your own research.
    Have a good weekend.
 
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