I'm not sure what some of you were expecting. The present-day economics around Vanadium mining means that we aren't talking NPVs in the vicinity of $4-5B here. The numbers in the BFS are not that far removed from those in the DFS previously, and remember, they're conservative. You can't go to financiers with pie-in-the sky numbers in a BFS. In my view the upside numbers of $1.4B pre-tax NPV is where it's at. It's a growing industry with demand for Vanadium likely to boom and so if the price of Vanadium Pentoxide keeps rising and hits say, US$15/lb, then the NPV will be revised much, much higher. Still a whole lot of potential upside for the share price from here.
I'm not sure what some of you were expecting. The present-day...
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Last
1.6¢ |
Change
0.001(6.67%) |
Mkt cap ! $137.7M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.6¢ | 1.5¢ | $19.27K | 1.258M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 509982 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 10452612 | 22 |
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| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Change
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| Open | High | Low | Volume | ||
| 1.6¢ | 1.6¢ | 1.5¢ | 1492965 | ||
| Last updated 15.49pm 26/04/2024 ? | |||||
| AVL (ASX) Chart |