Saturday, March 31, 2012

WFE

Update:

Ive recently bought into WFE @ 11.5c

Most recent announcement of 30 March 2012 has flagged the share price to be at multiples of what it is now..

Interesting was paragraph 2.3:

"The value determined from analysis of the recent and historical ASX share price data indicates a valuation range of 8.4 to 11.8 cents.


The value determined from an analysis of the underlying assets and liabilities of the Company, based on an expert consulting geologist's valuation of the mineral assets indicates a valuation in the range of 60.3 to 83.2 cents per share."

Thought that was pretty interesting

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