Best case recoverable is what I had posted, high case is 2.5 times the resource...in that case they may get a billion of revenue across the total project life...but the NPV is not going to be that. Not to say that isn't amazing...not too shabby for a bit of fizz.
Only 1.5m traded today after a very lean period, so really nothing to be excited about at the moment. Sellers are all off screen...if it can have a sustained push into the high 8/9 area I might join you on the excited bandwagon...but in practice we are simply back to where we were 2 months ago.
Ann: FY23 Q1 Quarterly Report & Appendix 5B, page-53
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Last
0.7¢ |
Change
-0.001(12.5%) |
Mkt cap ! $11.68M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.7¢ | $15.72K | 1.970M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 3049689 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 140000 | 1 |
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| Last trade - 15.32pm 06/09/2024 (20 minute delay) ? |
| VEN (ASX) Chart |