Acutally VRC announced it's NPV pre tax, and MNS was post tax. However if you carefully compare the PFS for both they look pretty close.
MNS - NPV of US$1.04B with 84% IRR (post tax)
VRC - Pre tax NPV of US$1.31B, 87% IRR .. so this is NPV $890m with 66% IRR
MNS - Ore Grade 5.1%
VRC - Ore Grade 4.9%
MNS has a very impressive IRR, however, she has already bolted, and VRC, IMO, is the better value given that it has a MC of just 61m.
If all goes to plan, once the BFS kicks in, the MC would have to be x5 or more. I guess a minimum of 32cents. Would be interested to hear thoughts from others.
Acutally VRC announced it's NPV pre tax, and MNS was post tax....
-
- There are more pages in this discussion • 203 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add VRC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.5¢ |
Change
0.001(25.0%) |
Mkt cap ! $20.79M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $5.49K | 1.181M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 49 | 30298271 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 5169200 | 6 |
View Market Depth
| Last trade - 15.13pm 28/06/2024 (20 minute delay) ? |
| VRC (ASX) Chart |