Can't get Stockwatch to work, so I thought I'd post this here for now.
BTW, are you a member for 6 mo or a year or what? How do they work it now? Going to renew? I sure wouldn't for $120/yr or whatever they charge now. Anyway, here's the post:
Here's a summary of the Sept. analysts' reports (most from around Sept. 10). Maybe
Will can critique them and explain the wide variation?
PI Daily Journal: Target: $3.60...NPV 7.5% $4.04/sh. They use 10.4 mil tonnnes
mineable, 11 yr. mine life $173.1/T rock, LOM costs US $54.2/T, $170 US capital, 7.5%
discount, 63 mil shares of WSP.
Nesbitt Burns, Steven Butler: s4 Rating (there's that speculative again!)NAV from
$3.50/sh at 10% discount to $8.10 at 0%. ASsumes $25 mil financing at $4/sh (ha ha )
with an increase of 6.25 mil addl. shares. 20% increase in value of the ore increases
share price $2.58 at 0% discount, or $1.58 at 6% discount.
Deutche Bank, George Albino: At 0% discount, NAV $8.87 to over $20/sh. $6 12
month target for WSP stock. Not sure about how the share dilution fits in to the
analysis...If WSP settles with Aber and gets 76% it impacts NPV at 0% by 11%. Increase
in grade by 10% at 0% makes a 16% increase. They seem to assume a 20 yr. mine life,
not 10.
Goepel McDermid Tob Klassen: NAV $3/sh assuming 10% discount , 8 mil T, and
operating costs per scoping study, and share dilution . Target price of $4.50 assumes 5%
discount rate and 15 yr. mine life.
Cannacord and David James: Target $6-$8.
Yorkton, Greg Barnes: 12 mo. target $7. NPV-5% disc.- $7.25 10% disc.
$4.50--inadequate discussion on share dilution, IMDO
Raymond Goldie?:NAV $4.09 |
