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it makes sense there should be some sort of pricing that is a premium to spot price but below US spot price which incorporates China tariffs. Of course, this assumes the US doesn't impose significant tariffs on Canadian product. (I think it is 4 percent for countries with Most Favored Trade status. It could also be zero tariffs under Free Trade agreement, not sure)
5x to 7x the EBITDA sounds about right for a mining project. At 250k tons, Record Ridge is over $100M EBITDA per year regarless if its raw ore or MgO plant. I dont see more value possible until the 1M+ ton permit is issued and we know this might be another journey by itself.
WHY probably sells a major stake once the ore permit is on hand. Need to wait for ore sales and then $1B plus royalty will seem reasonable. Before permit approval $500M plus royalty might be fair. Tik Tok.
magnesium world price, https://tradingeconomics.com/commodity/magnesium
Almost de-risked now. 11 million tons of MAG. At current MAG prices, I could be wrong but I believe after tax NPV is around $2 Billion CAD. That is more than 4-5 times initial full mine capex. Very compelling ratio. A Major could pay many multiples of current market cap and pay for the acquisition with even one year's cashflow :)
@newsfile/west-high-yield-announces-bc-ministry-of-mines-accepts $WHYRF $WHY $CA9532641086 #news/mining
West High Yield Resources
·
West High Yield Resources is focused on the exploration and development of the following critical minerals:
?? Magnesium
?? Gold
?? Silica
?? Nickel
?? Iron
Learn more by visiting: https://loom.ly/zNTLSw4
#WestHighYield #MiningCompany #CriticalMinerals #TSX #TSXV #WHY
Magnesium-ion batteries for electric
vehicles: Current trends and future
perspectives Abstract
Lithium-ion batteries have enabled electric vehicles to achieve a foothold in the automobile market. Due to an increasing
environmental consciousness, electric vehicles are expected to take a larger portion of the market, with the ultimate
goal of supplanting traditional vehicles. However, the involved costs, sustainability, and technical limitations of lithium-ion
batteries do create substantial obstacles to this goal. Therefore, this article aims at presenting magnesium-ion batteries
Tokyo University of Science
Summary:
Magnesium is a promising candidate as an energy carrier for next-generation batteries. However, the cycling performance and capacity of magnesium batteries need to improve if they are to replace lithium-ion batteries. To this end, a research team focused on a novel cathode material with a spinel structure. Following extensive characterization and electrochemical performance experiments, they have found a specific composition that could open doors to high-performance magnesium rechargeable batteries.
With over 20 years of experience in academia, Dr. Kamaleddine provides technical services to mining companies through his integrated mining consulting partnership firm AIS Inc.
He has demonstrated success in conducting challenging industrial research leading to several inventions and multiple achievement awards.
Know more about our board of directors and advisors: https://loom.ly/FLG7-Ws
#WestHighYield #MiningCompany #IndustryExpert #TSX #TSXV #WHY
With over 20 years of experience in academia, Dr. Kamaleddine provides technical services to mining companies through his integrated mining consulting partnership firm AIS Inc.
He has demonstrated success in conducting challenging industrial research leading to several inventions and multiple achievement awards.
Know more about our board of directors and advisors: https://loom.ly/FLG7-Ws
#WestHighYield #MiningCompany #IndustryExpert #TSX #TSXV #WHY
What is the value of an operating mine generating a potential $100M/yr earnings with 2 month payback? At least $500M is the answer once a firm offtake is reached. Asia or Europe might be need to be the buyer till NA makes mining and processing a priority. Hard to see the permit not get approved with increasing pressures. Also BC gov seems to care when jobs are on the line so politically it would be bad to not approve this mine without a strong rationale, and none exists so to me an approval is as certain as it gets.
Compared to conventional lithium-ion batteries, a magnesium battery has many advantages: When using magnesium as an anode material, energy density is increased and safety is enhanced.Feb 15, 2023
this mine is about to open ,huge for canada . $5.00 + and huge dividends for life
one day soon this will be the talk of the investment community the biggest hidden gem
today in the ROSSLAND PAPER ROSSLAND WAS NOT NICK NAMED THE GOLDEN CITY1 IT WAS THE GOLDEN CITY. THE MAJORITY OF THE 40 PLUS MINES WERE WITHIN THE CITY LIMITS! Rosslands history has never been told in any depth. Without it there would be no' Trail' no smelter and no billions of dollars that spilled out across the world. take note this is whys gold mines
huge update @newsfile/west-high-yield-provides-a-corporate-update $WHYRF $WHY $CA9532641086 #news/mining
one day soon some investors will see my posts and realize what they missed
$everyone saying this should be at $1.95 +++++ now its coming
https://loom.ly/sH1I7us new updated web site for all updates and information
must read for future of this stock https://cdn-ceo-ca.s3.amazonaws.com/1hvvjco-WHY-Feb-2023-Initiating.pdf
Fair value per FMC is $1 95/sh. Many points align with my prior assessment such as trading at 3% of PFS NPV5% based on 8% of the resource identified to date and 250 ktpa initial mining rate. I think a major metal miner will buy out WHY but no assignment of value to that scenario so far. Meanwhile US government is starting to throw money green projects of strategic interest. Just saying ...
just out , huge news for why https://www.fox13now.com/news/local-news/cox-wants-u-s-magnesium-put-in
just out , huge news for why https://www.fox13now.com/news/local-news/cox-wants-u-s-magnesium-put-in
WHY AT WORLD MINING CONVENTION WORLD MINING CONVENTION Join us at the PDAC March 5-8 we’re at Booth #3332
West High Yield Resourceshttp://www.whyresources.com
West High Yield Resourceshttp://www.whyresources.com
Magnesium: a fast-growing market
Worldwide use of magnesium and its alloys has increased significantly in recent years. Global demand in all sectors using magnesium is expected to grow by about 7% per year over the next decade (IMA, Future Market Insights).
Global magnesium market was valued at USD 4.37 billion in 2021, and the market size is estimated to reach USD 6.36 billion by 2028, at a CAGR of 5.50% over the forecast period (2022-2028). and WHY has lots , this is the mag pic of the century
Application submission is still under quiet review. A final geotech final design report was needed to address an 11th hour info request from BC. Public has not seen the submission yet. That is expected in Feb, and then the formal consultation can occur. The government reviews seem to occur ahead of acceptance so at least there should be no other new requests from them. Surely 4 years with the file will have been enough. The public night have some queries but again a lot of these questions were already posed to the government, per my discussions. Nothing new is expected to be unearthed so its more about letting the stakeholder review unfold and see what sort of conditions are given when it's approved. The process would have bern faster if WHY had a team of 10 people on the payroll but it should not have been this protracted. BC owns most of the delays with a bureaucratic process.
new update on gold n @newsfile/west-high-yield-why-resources-ltd-completes-2022 $WHYRF $WHY $CA9532641086 #news/mining
Fidelity up to 4.4M shares since Nov, taking 5% of the company off the open market in 3 months. If they continue we could rerate significantly between now and the expected news
one day this year this will fly 20 years in the making here is a update https://loom.ly/F09PfRM
West High Yield Resources Ltd. is pleased to announce the presence of visible native gold in several drill core intervals from two of the first five holes and to present highlights of its initial round of Au-Ag assay results from the 2022 6,500 metre exploration drilling program.
The 2022 Program is ongoing at the Company's Midnight Gold claim located in the Rossland Gold Camp area, British Columbia. The Rossland Gold Camp historically produced over 2.76 million ounces of recovered gold and 3.52 million ounces of recovered silver.
Read the full news release: https://loom.ly/eNU1XZA
#Gold #Drilling #Exploration #MineralExploration #DrillProgram #NativeGold #GoldMining #Mining #Silver #SilverMining #Au #Ag #GoldMine #GoldExploration #MiningNews #Commodities #Prospecting #Resources #Production #Metals #Minerals #TSX #TSXV #WHY #WestHighYield #WHYResources
If you have not seen the 2022 presentation, suggest to review carefully. PEA/PFS update shows $1.3B NPV 10% fir IRR 68% and only $300M Capex. I am not aware of a mining company with better economics. The discounted SP is massive opportunity for those who can see past a few bumps and those that cannot can buy in at $5/sh, and some might wait until the commercial plant is fully operating but the SP would be $20/sh by then or higher. The gold assets alone might warrant the current SP but we will know more after the summer drilling program concludes and assays are announced. With the pilot in detailed engineering then gov finding should be more certain, and for me the only question is how much will they throw in. With the PFS advancing with Tenova then the IRR should be higher in the next presentation. Do not forget the Mg resource is huge so WHY could do both end products plus sell raw ore to processors around the world. The tesources have a much bigger value than $2B and all it would take is a modest drilling budget to increase the inferred resources. A buy out or strategic partner has to be of interest for global miners. Basically the shares are dirt cheap still but the sale is nearly over ... load up soon or buy at higher. These are my justifications for making this my largest holding in a very diverse portfolio. GLTA.
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