Breakaway Research Features Wolf Minerals

Critical Metals

Wolf Minerals (ASX:WLF) is in the final stages of securing a new funding package to commence production on the Hemerdon tungsten project.

 Breakaway Research featured Wolf Minerals (ASX:WLF) and the Company’s Hemerdon Tungsten Project.

The DFS indicated a project NPV of £74M (A$ 108M or A$0.57/share) and assumed an APT price of US$360/mtu and a tin price of US$30,000/t. Cash costs (after tin credits) were estimated at US$105/mtu. Current APT and tin pricing is US$351.5/mtu and US$24,600/t respectively. Based on commodity price sensitivity analysis and utilising average 2012 commodity prices, Breakaway estimates a current NPV range of between £90-£100M (A$0.70-$0.77/share).

Click here to read the article
Click here to see the Wolf Minerals (ASX:WLF) profile

The Conversation (0)
×