WFE 0.00% 2.4¢ winmar resources limited

WFE - The Sleeping Giant, page-190

  1. 10,123 Posts.
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    It is upto wfe to prove something as it is they who make the claim. An independent report should always be used. It’s no different to any business valuation. Multiple parties will argue over what something is worth however ultimate it just depends on business model etc to ascertain appropriate value. The key is in using a reputable independent valuer or analyst. If one was to use an example of a use plant - very common in SE Asia to buy used plants that need some upgrading as quicker to commence production and operations. Usually one would buy it a cheaper value. However the reality is that it would have a worth but how much. We bought a 15 ton second hand but it has given s less problems and more production than a new installation. What one needs to understand is that business in these parts or Africa doesn’t follow the conventional method. My assurance is the involvement of Airguide.

 
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