VR8
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6.90% 5.4¢ vanadium resources limited

@Teringie I am guessing the SP won't move too far north...

  1. blakesley
    294 Posts.
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    10/05/23
    15:19
    Post #: 67702741
    @Teringie I am guessing the SP won't move too far north until there is more detail around financing. 35% equity or $115m AUD is potentially a lot of dilution.


    i can see merit in selling 20 to 25% of the project for $115m especially now we have increased our project share. from my rough numbers that is a much better outcome then dilution when you consider EPS based on projected free cash flows.
    VR8 Price at posting: 8.1¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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