Woulfe Mining Corp. (fka WFEMF)

[newt69]

Phase 1* Mining Plan -1 to Taebaek Levels
(Using 65% WO3 Concentrate Price of $US 15,000 per tonne)
Revenue WO3 Concentrate** - Average Annual $US 62.1 million
Earnings Before Sustaining Capital – Annual Average $US 31.8 million
Pre-tax IRR 26%
Project Total NPV @ 5% Discount Rate $US 156 million
EBITDA / Share Discounted at 5% $CDN 0.067 and you take a small multiple of say 15 to 1 and you get $1.00 a share. which in these pink stocks the multiple usually runs a lot high than 15 to 1