VTX
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6.25% 8.5¢ vertex minerals limited

Ann: Term Sheet for US$10M Prepayment Facility, page-32

  1. burner_7
    271 Posts.
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    31/05/24
    10:55
    Post #: 74099270

    You're right mcbr1990.

    We're lucky this is a simple start up and the project has a very high IRR of 110% at AU$3000 per oz.

    You can see how funding arrangements could easily destroy marginal projects in this financial environment but feeling confident that this won't be the case here.
    VTX Price at posting: 8.6¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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