I do not understand why this stock is very cheap while:
1. PFS is completed and confirmed the technical and financial viability of the Namangale project
2. PFS showed the project's NPV-after tax is US$890M (A$ 1165) which means around 28.5 times of the current market cap
3. DFS is behind the door
For me, the price is bargain and would not stay like this for a long time.
VRC still on track - nothing has changed, page-14
-
- There are more pages in this discussion • 139 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add VRC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.5¢ |
Change
0.002(42.9%) |
Mkt cap ! $20.79M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $26.81K | 6.653M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1392495 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 20982921 | 21 |
View Market Depth
| Last trade - 14.06pm 15/10/2024 (20 minute delay) ? |
| VRC (ASX) Chart |