In Vulcans latest presentation, they will produce $130 million a year in concentrates, from Kylylahti deposit alone, from their new mill.
Vcn shares @ 12c = $30,000,000 - $20,000,000 they have in cash. Sooooo, for the $10 Million this company is valued at, they will produce $130 million a year, from one of their many deposits, at their new refurbished 600,000tpa plant, that would be over $100 million to build.
Am I missing something here, or are these guys UNDERVALUED?
VCN Price at posting:
11.5¢ Sentiment: ST Buy Disclosure: Held
