I have no connection with the mining industry, but it seems to me that if large company/corporation wanted to buy VR8 as a Vanadium mine, they would usually wait until all the preliminary work, permits, planning, processing plan, financing, etc is done and dusted, so it becomes a "sure" bet. Maybe even wait until VR8 got into production. By then, the market cap would usually rise to a significant fraction of the NPV. They pay the extra, because they get much reduced or effectively no risk, and a clear road of future earnings (>>25 years ?). So I don't think VR8 would be a takeover target anytime soon. Some shrewd soph mining investors might try to grab a significant share holding though (e.g. Delphi), perhaps 5-10% ?
All IMHO, DYOR
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Last
4.2¢ |
Change
-0.003(6.67%) |
Mkt cap ! $23.63M |
Open | High | Low | Value | Volume |
4.3¢ | 4.3¢ | 4.2¢ | $925 | 21.75K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 13806 | 4.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.5¢ | 354638 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 13806 | 0.042 |
1 | 25000 | 0.040 |
2 | 190000 | 0.038 |
1 | 200000 | 0.036 |
3 | 955000 | 0.035 |
Price($) | Vol. | No. |
---|---|---|
0.045 | 354638 | 2 |
0.050 | 100000 | 1 |
0.069 | 186329 | 3 |
0.071 | 60000 | 1 |
0.074 | 100269 | 1 |
Last trade - 13.20pm 18/09/2024 (20 minute delay) ? |
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