If Volt won a grant of $USD 100m /AUD$153m I'd imagine market cap would adjust to cash balance. So potentially 3.5-4c. However that would almost certainly put it on the radar of Instos, which could result in an even higher valuation.
Many other factors to consider also, will they have funding done for Bunyu? Situation in Ukraine and ZG mine. Offtakes with battery makers, etc. Markets are not an exact science so very hard to know.
If Volt won a grant of $USD 100m /AUD$153m I'd imagine...
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Mkt cap ! $20.79M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.6¢ | 0.4¢ | $10.29K | 2.153M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 97146 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 11803446 | 15 |
View Market Depth
| Last trade - 12.49pm 01/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 0.5¢ | 0.6¢ | 0.5¢ | 1759653 | ||
| Last updated 12.49pm 01/05/2024 ? | |||||
| VRC (ASX) Chart |