That’s an hilarious ‘cover picture’ Woody!
Graham Arvidson tearing his hair out?
(Oops his skull is deliciously naked)…Or maybe he’s taking cover from the marauding dissidents?
And apart from that highly qualified crew at Money of Mine (the miner, the investment banker, and the equities research specialist) having clearly partaken of the ‘happy gas’ floating about here and rolling around with some degree of unseemly laughter at the predicament here, I think this has some brilliant analysis !
Thankyou MOM and thanks Woody!
For me the most interesting section starts at around the 33:45 point - the laughing is replaced by a seriously ‘deep dive’ into how valuation here was assessed (and - accordingly - the expert opinion of ‘not fair but reasonable’ ).
At around that 33.45 time marker Matty (the mining guy of the team) explains Travis Ricciardo (ex Macquarie investment banker) has spent several hours researching the way value here was assessed.
And much of it seems to have derived from looking at the sale prices of 14 vanadium companies across the globe starting way back in “the glory days” of vanadium in 2014?
Eye opening for me and thank you again, and I look forward to other thoughts.
cheers
Ann: Scheme Booklet registered with ASIC, page-138
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