This is just an excerpt from a July article published in Proactive
http://www.*.com.au/companies/news/56411/yellow-rock-resources-steps-on-vanadium-pedal-56411.html
On a peer basis, Yellow Rock appears undervalued:
TNG: Mount Peake: 160Mt at 0.28% V205 5.31 TiO2 and 22.81% Fe
Market Cap: $128.9m
Yellow Rock: **anintha 125.8Mt at 0.70% V2O5, 8.64% TiO2 and 32.60% Fe
Market Cap: $8.6m
So although early days for the reincarnated Yellow Rock, Proactive Investors has estimated a near term price target of $0.032 - $0.046.
I just want to ask each and everyone who has been negative here what has changed since July to have caused the price drop!
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Mkt cap ! $133.4M |
Open | High | Low | Value | Volume |
1.6¢ | 1.6¢ | 1.5¢ | $23.92K | 1.510M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
21 | 10497324 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 6812494 | 26 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
21 | 10497324 | 0.015 |
52 | 13036219 | 0.014 |
29 | 10619826 | 0.013 |
24 | 6691800 | 0.012 |
14 | 4048548 | 0.011 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 6788880 | 25 |
0.017 | 4546777 | 25 |
0.018 | 3799719 | 17 |
0.019 | 3961141 | 11 |
0.020 | 8493770 | 16 |
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