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6.4¢ vanadium resources limited

Ann: Appointment of Chief Financial Officer, page-20

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WinkyDinky16

2,258 Posts.

77

28/08/23

15:35

Post #: 69591841
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Originally posted by Dimitri1111: ↑

I mean considering the NPV is by now probably over 2B AUD with the dollar tanking and we are at 33M MC, assuming a risked valuation approach I'd argue with funding on the horizon and a relatively stable outlook for Vanadium it should be something like 10-15% of NPV at this stage in a healthy market which would be 200 or so Million (a 6-7x increase from now).

In this market I don't think we are super undervalued, every small cap is just being brutalized right now, just look at QPM. I am very happy with my mid 6c entry though, I can only see up from here, if we fund then this stock should realistically be a 20x minimum though the annual revenues aren't super high which makes it less clear what the end steady state would be for the blue sky estimate.

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in time I'm sure the price of vanadium will go up too! just playing the long term patience game hey hah

VR8 Price at posting: 7.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 6.4¢		Change 0.004(6.67%)		Mkt cap ! $35.85M

Open	High	Low	Value	Volume
6.0¢	6.4¢	5.9¢	$30.58K	500.7K

Buyers (Bids)

No.	Vol.	Price($)
1	33636	5.5¢

Sellers (Offers)

Price($)	Vol.	No.
6.4¢	12580	1

View Market Depth

No.	Vol.	Price($)
1	33636	0.055
1	17655	0.053
1	346000	0.052
1	265000	0.051
2	229275	0.050

Price($)	Vol.	No.
0.064	12580	1
0.065	519560	3
0.066	65217	1
0.067	42685	1
0.069	154658	2

Last trade - 16.10pm 18/06/2024 (20 minute delay)

VR8 (ASX) Chart

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