SRN could be the next xxbagger, when market wakes up.
Vanadium is very hot and has a bright future.
SRN has a JORC 2004 calculated 86.2 million tonnes 0,42% Vanadium at 0,3% cut-off grade.
The Jorc has to be updated for 2012 model, what is the reason for the current new drill hole.
I think the market will wake up with the next news.
What is the correct mcap?
I think it is important for new investors, to know the exact numbers.
How many shares are existing?
How many options?
Cash position?
Why SRN is so incredible cheap? Other vanadium plays have 10 times more mcap with less vanadium.
Vanadium $1.4m EV Facts thread, page-95
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.958M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $4.99K | 1.366M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 30673726 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 16051791 | 14 |
View Market Depth
| Last trade - 14.29pm 19/11/2024 (20 minute delay) ? |
| SRN (ASX) Chart |