VMC 0.00% 7.6¢ venus metals corporation limited

RXL has a EV of $50m for 70% of 1.1m oz = $65 per ozVMC has a EV...

  1. 143 Posts.
    lightbulb Created with Sketch. 16
    RXL has a EV of $50m for 70% of 1.1m oz = $65 per oz
    VMC has a EV of $16m after cash, deposits and investment including 41.7m in RXL for 30% of 1.1m oz = $48 per oz.
    big arbitrage difference.
    Additionally, VMC shares 50/50 with RXL for the rest of the ground, and 100% along the strike.

    im expecting big things from upcoming announcements
    IMO DYOR

 
watchlist Created with Sketch. Add VMC (ASX) to my watchlist
(20min delay)
Last
7.6¢
Change
0.000(0.00%)
Mkt cap ! $14.41M
Open High Low Value Volume
7.9¢ 8.0¢ 7.6¢ $4.351K 56.65K

Buyers (Bids)

No. Vol. Price($)
2 126216 7.6¢
 

Sellers (Offers)

Price($) Vol. No.
8.0¢ 9024 1
View Market Depth
Last trade - 14.17pm 21/06/2024 (20 minute delay) ?
VMC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.