Despite my dislike of the board for giving away 70% of YRR to their mates for next to nothing, the current m/c represents about .1% of the in-situ value of the vanadium resource alone. Add 47mt of contained fe and 18 billion pounds of titanium pentoxide (92.5mt @51.2% fe & 9.81% Tio2) and the current sp is ridiculously cheap. The upgraded resource figures to be released soon may surprise a few. It will also highlight what a rip off the uranium deals were to the average shareholder. The uranium ground has added nothing to YRR but has cost 130m shares.
Best of luck to all shareholders, especially those who actually paid an honest dollar for what they hold.
28.8 billion dollar insitu vanadium resource, page-3
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Last
1.6¢ |
Change
0.001(6.67%) |
Mkt cap ! $138.1M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.6¢ | 1.5¢ | $111.3K | 7.368M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 52 | 28937019 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 14661652 | 28 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| AVL (ASX) Chart |