WLF and CSD comparison

WLF - DFS
Mine life ~ 10 year operating period
NPV8 of £74 million (A$118 million) - £114 million (A$182 million) (post tax un-geared basis)
Pay Back Period of 2.75 – 3.25 years
CAPEX - £104 (A$166 - used same conversions as above)
IRR - 21% - 26%

CSD - PFS (Tin project only, excludes current base metals production)
Mine life ~ 9 year operating period
NPV8 of A$181 million pre-tax or A$110 million after tax.
Payback period of 2 years
Capex - A$76 million
IRR - 111%

So, given we know there are improvements to CSD's DFS coming this quarter (hopefully), and CSD already has a positive cashflow producing operation... I think the main gains will be shown in CSD.

Market cap of WLF - $300 million plus
Market cap of CSD - $11 million or $37 million fully diluted.

And what's more Yub, CSD has cashflow!!! (Just in case you missed it.)


;-)

Now if only we had as many shareholders....