VR8 6.90% 5.4¢ vanadium resources limited

Just a brief observation - in production the annual free cash...

  1. 6,502 Posts.
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    Just a brief observation - in production the annual free cash flow from this project (as specified in the recent DFS) is forecast to be roughly nine times the current market cap ($27m). I don't know any other mining project right now that is undervalued to this extreme degree. During production, if the V2O5 price were to exceed US$9.50/lb (as it did for the first 6 months of 2022), the free cash flow would be even higher.

    https://hotcopper.com.au/data/attachments/4876/4876114-62a74b2e812901076e98ef99239c1070.jpg

    All IMHO, DYOR
 
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5.5¢ 5.5¢ 5.4¢ $12.51K 228.7K

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6.0¢ 22135 1
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Last trade - 15.00pm 28/06/2024 (20 minute delay) ?
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