The SRN $7.16/share Party

Since the company just announced:


ASX:SRN 04/05/2022, SUREFIRE RESOURCES NL, Amended Beneficiation Study Update Economic Viability. https://www2.asx.com.au/markets/trade-our-cash-market/announcements.srn

Doing some rough calculations:

This is insane value, once the market wakes up, this will probably double or triple...


ASX:SRN, 04/05/2022, Amended Beneficiation Study Update Economic Viability https://www2.asx.com.au/markets/company/srn


https://www.vanadiumprice.com/vanadium-price-reached-8-year-high-today-analyst-coverage-going-mainstream/



https://www.xe.com/currencyconverter/convert/?Amount=1&From=USD&To=AUD, and google et. al.

= $40,831,385,036.8 AUD


https://finance.yahoo.com/quote/SRN.AX/key-statistics?p=SRN.AX


-ASX:SRN, 1 Oct 2021, SUREFIRE RESOURCES NL, Annual Report to shareholders

At 20% profit for the venture: then we would expect sales/SOI = $7.16/share.

Therefore.... this could rise to $7.16/share over the course of it's life, and that is based on just one of their projects.

This thing is potentially a sleeping giant.