VRM
Click for more information
0.00% 3.2¢ verdant minerals ltd

$1 billion NPV. When?

  1. Timnea
    989 Posts.
    lightbulb Created with Sketch. 21
    clock Created with Sketch.
    26/02/19
    09:39
    Post #: 37566807
    All things being equal, I reckon if phosrock prices move above US$120 per tonne Ammaroo's NPV will be close to A$1 Billion. Considering it was worth US$430 per tonne 10 years ago, I think a US$18 plus per tonne rises is a real possibility. Not bad for an unloved A$15 mil micro cap. If I'm getting these calculations wrong could someone be kind enough to correct me? Thanks.

    https://hotcopper.com.au/data/attachments/1451/1451470-d585c767a085f52e20f913e3a5ac63e4.jpg
    VRM Price at posting: 1.6¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

PMT High-grade lithium zone extended at Patriot's Corvette project, drilling grades at 5%
right-arrow Created with Sketch.
MGT Magnetite Mines set to progress DFS for Razorback through deal with JFE Shoji
right-arrow Created with Sketch.
ENR Encounter Resources flags latest niobium hits in fresh assay data
right-arrow Created with Sketch.
CXO Core Lithium narrowly beats guidance on FY24 spodumene production but 1Y returns still shattered
right-arrow Created with Sketch.
HCH Hot Chili sets up water company as drought racks Chile–but must also build communities a desal plant
right-arrow Created with Sketch.
NEWS Good debt vs bad debt for the property in your investment portfolio
right-arrow Created with Sketch.
watchlist Created with Sketch. Add VRM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.