The Conversation (0)
Breakaway Research released an updated commissioned research report covering Wolf Minerals Limited (ASX:WLF) and the development underway at its Hemerdon tungsten project in England.
As quoted in the article:
The DFS indicated a project NPV of £74M (A$ 122M or A$0.62/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$417/mtu and US$21,000/t respectively. Based on commodity price sensitivity analysis, Breakaway estimates a current NPV range of between £100-£110M (A$0.84-$0.92/share).
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