WRM
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0.00% 6.3¢ white rock minerals limited

Hey Guys,Just got back from my holidays. Good news on the...

  1. draganfly
    42 Posts.
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    28/02/12
    20:57
    Post #: 9765554
    Hey Guys,
    Just got back from my holidays. Good news on the Resource update. 730k Oz AuEQ is not too shabby. Maybe the next Resource will top the magic 1 MOz AuEQ! Here is my latest calculations for WRM.

    I made a few changes to my last one.
    1) Issued Cap to 80 million
    2) OPEX to $750 per oz ( I doubt it will be as high as $1000)
    3) CAPEX to $100 Million as it is probably a more realistic number.
    4) And I upped Production to 70k Oz per annum.

    ***Again with my previous posts. They are for discussion only so please DYOR!!!
    WRM Price at posting: 14.6¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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