The Strachan report on VMS out today is a great read.
http://www.ventureminerals.com.au/documents/StrachanCorporate-VentureMineralsFebruary2009.pdf
Take home points for me were....
"Strachan Corporate calculates an NPV of $100 million for a project to process 24 million tonnes of magnetite ore which, when compared with the company’s current market cap of $9 million, shows room for share price appreciation, even after dilution for additional equity requirements."
"An estimated processing cost of $76/tonne of concentrate to achieve a magnetite concentrate, at the Tasmanian port of Burnie, leaves an estimated operating margin of around $94 million pa after co-product credits."
"The company’s current market capitalisation represents just $0.30 per tonne of Inferred Resource, when $2 per tonne would be a more appropriate metric, based on 3% of an
estimated insitu value per tonne."
- Forums
- ASX - By Stock
- VMS
- strachan report a great read
strachan report a great read
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VMS (ASX) to my watchlist
|
|||||
Last
1.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $43.90M |
Open | High | Low | Value | Volume |
1.9¢ | 1.9¢ | 1.8¢ | $111.0K | 6.162M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
36 | 7999876 | 1.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.9¢ | 1680469 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
35 | 7899876 | 0.018 |
28 | 9961241 | 0.017 |
9 | 2287500 | 0.016 |
7 | 1792699 | 0.015 |
2 | 700000 | 0.014 |
Price($) | Vol. | No. |
---|---|---|
0.019 | 1680469 | 4 |
0.020 | 2047389 | 4 |
0.021 | 609000 | 4 |
0.022 | 1874620 | 6 |
0.023 | 2157668 | 8 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
VMS (ASX) Chart |