AVL 6.25% 1.5¢ australian vanadium limited

ann out, page-27

  1. 746 Posts.
    195 million ton @0.68 = 1.35 million tons of Vanadium.

    Assume $10 a pound. Therefore we have 1.35m x 1000 x 2.2 pounds.

    That equates to 10 x 1.35[million] x 1000 x 2.2= $29700 x 1000000. dollars

    With 200 million shares and 200 million oppies say converted.

    400000000 shares into the Dollar value.

    $29700/400 =$74.25 dollars a share. Can someone check the maths as this seems to be an amasing value per share?
 
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