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WGI Heavy Minerals Inc. TSX:WG. April 16, 2009. About WGI. - WGI mines/globally markets industrial-grade minerals from Idaho (WGI mine) and India - Primarily garnet for sandblasting, waterjet cutters - One of two major garnet mining operations in NA
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WGI Heavy Minerals Inc. TSX:WG April 16, 2009
About WGI - WGI mines/globally markets industrial-grade minerals from Idaho (WGI mine) and India - Primarily garnet for sandblasting, waterjet cutters - One of two major garnet mining operations in NA - Only company that both manufacturers after-market waterjet cutting tools and mines/supplies the garnet needed to utilize them - Garnet industry output capacity utilization: 97.5%
About WGI Revenue contribution by sector (approximate) Idaho (NA, int’l) mining and distribution 40% + Kominex (Germany) distribution 40% + International Waterjet (cutting tools) 15% + International Waterjet holds just 2% market share
Cash on Hand: USD $9 M (estimate) Monthly Expenses: $2.3 M (little if any impact on treasury, basically $0 monthly burn) 2008 Revenue: $27.8 M Projected 2009 Revenue: TBD Management Ownership: 5% + (includes directors) Share Structure & Financials Shares Outstanding: 24.0 M Shares Fully Diluted: 27.7 M Options/Warrants: 3.7 M (mgmt) Current Price: 0.19 52 Week High/Low: 0.11/1.14 3 mo daily volume: 98,000
Why Invest Now? Cash value is over CAD $0.40 Operations cover expenses +/- Enviable balance sheet U.S. infrastructure development play Waterjet market expansion strategy Improved garnet supply chain Mine shutdown has mkt expecting light Q1
Contact Contact: Mr. Greg Emerson Website: www.wgiheavyminerals.com Address: 810 Sherman Avenue Coeur d'Alene, Idaho 83814 USA Phone: 1-888-5-GARNET Email: info@wgiheavyminerals.com