VRC 20.0% 0.4¢ volt resources limited

Ann: Pre-Feasibility Study Completed, page-159

  1. 546 Posts.
    Running some numbers:

    *please note, i just put padded figures in miscellaneous expenses and wages to bring down profit.

    VRC PFS:

    V1.PNG

    MNS BFS:

    v2.PNG
    VRC PFS with MNS Basket Price:

    v3.PNG
    Good thing i see is our P/E is significantly below 1.0, at 0.63. (0.60 @ 5.7c)

    I really don't see the downside here. Will be interesting to see who are the panic sellers are. very unnecessary selling.

    In fact the chart and style of selling is just like how MNS got flogged off to 52c before it pumped to 90c...
    Last edited by Cashbacked: 16/12/16
 
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