Current market cap of YRR is around $17.7mil. So with the resource upgrade to 150m/t and using tiktac's calc's, its worth $3.3bil in-situ, the current share price represents around .5% of in-situ value just on the V205 content alone.
In 2005 before yrr was floated, V205 was US$25 per pound. At the time GPN had an indicated resource of 37.7mil tonnes at 0.75% V2O5 with an in-situ value in excess of $15 billion. (As stated in GPN announcement dec 05). GPN's mc at the time was around $25mil so the share price at the time represented around .1% of the insitu value.
So the value of the Vanadium is significantly less even though there has been around a 400% increase in the size of the resource.
Current market cap of YRR is around $17.7mil. So with the...
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Last
1.6¢ |
Change
-0.001(5.88%) |
Mkt cap ! $137.8M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.7¢ | 1.6¢ | $111.7K | 6.944M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 40 | 17087735 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 12994517 | 46 |
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