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Why Different direction today?, page-124

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Bright30

3,703 Posts.

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31/01/18

14:22

Post #: 30700789
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Originally posted by C@pitali$t ↑

Just in case anyone is wanting some further clarification of the "potential" economics associated with my earlier post upon the execution of the HoA and JV partnership, I have attached a snapshot detailing the current and potential EV for VEC. This is all IMO and shouldn't be taken as advice as the estimate for "potential EV" is very shaky, it doesn't take into consideration numerous factors and costs - I am using it as a crude estimate to refine my economic analysis upon as news becomes available to the market.

And just to further quantify what VEC’s 11 MILLION OUNCE potential resource and reserve portfolio means; Randgold’s Kibali Gold Mine (Africa’s largest gold mine and right next door to VEC) holds an ?11.8 million-ounce resource.. what is their SP again? And before anyone mentions it, no I am not trying to compare Randgold to VEC (economies of scale, numerous world wide deposits etc), I am just trying to highlight the absolute and undervalued potential that VEC holds. Remember though, DYOR. View attachment 946507

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Is this your work also from twitter?

Cheapest EV/ JORC on current resources

VEC Price at posting: 2.7¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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