blister
There is no way most shareholders will accept circa $1.50 a share.
I suggest you go back and have another look at the Bank Feasibility studies
which are themselves very conservative.
And once they get the first plant at Arrowsmith up and running,
getting EPA approvals for Muchea should be a less drawn out process.
So while I could do the sums tor you,
I suggest you spent an hour or two working the figures.
It will be most constructive
Factor in the EPS of the company in 2 or 3 years time.
Put the share price on a P/E of say 20 plus. (Maybe that’s ambitious, but I think not)
Add a bit of “blue sky’ for what will by then be recognised as one of the major
silica sand miners in the world with 100 years of reserves.
They will be worth multiples of the $1.50 you suggest.
Caveat emptor
- Forums
- ASX - By Stock
- VRX
- Daily price prediction thread
Daily price prediction thread, page-4485
-
- There are more pages in this discussion • 6,372 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
3.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.24M |
Open | High | Low | Value | Volume |
3.6¢ | 3.7¢ | 3.6¢ | $4 | 111 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 277054 | 3.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.7¢ | 318486 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 277054 | 0.034 |
3 | 105000 | 0.033 |
1 | 200000 | 0.032 |
2 | 411425 | 0.031 |
4 | 363376 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.037 | 318486 | 3 |
0.038 | 50000 | 1 |
0.039 | 39999 | 1 |
0.040 | 70000 | 2 |
0.042 | 171626 | 2 |
Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
Featured News
VRX (ASX) Chart |