He only has to get one big contract for Muchea and that makes this a $B company.
If, over a few years they expand the operation, it will be a multi $B company. That's the reward side. It's at least a ten bagger over the next 3 - 4 - 5 years when they have 3 mines running. And as far as mining goes, industrial minerals are less at risk of commodity cycle fluctuations. One of my senior lecturers at university said never underestimate industrial minerals. The statement was ideally made for VRX. (Thanks Geoff)
A $1B company paying a 6% dividend equates to $60M. At a market Cap of $2.5B, that goes to $150M...... or more than 26c/share..... forever. That's what I'm after.
- Forums
- ASX - By Stock
- VRX
- Daily price prediction thread
Daily price prediction thread, page-2839
-
-
- There are more pages in this discussion • 8,018 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 VRX (ASX) to my watchlist
|
|||||
Last
2.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.96M |
Open | High | Low | Value | Volume |
2.6¢ | 2.7¢ | 2.6¢ | $977 | 37.56K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 292075 | 2.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.7¢ | 145953 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 292075 | 0.026 |
1 | 25000 | 0.025 |
2 | 148000 | 0.024 |
2 | 85451 | 0.022 |
3 | 299998 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.027 | 145953 | 1 |
0.028 | 103840 | 1 |
0.030 | 23809 | 1 |
0.031 | 240832 | 3 |
0.032 | 409896 | 3 |
Last trade - 11.28am 04/09/2024 (20 minute delay) ? |
Featured News
VRX (ASX) Chart |