VAN 0.00% 4.7¢ vango mining limited

current valuation, page-3

  1. 13,316 Posts.
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    Rather than talk sp in cents or $'s you need to equate first to what sort of market cap ORD should have...for me based on what is now known with it about to become second largest bauxite/alumina player behind alumina ltd means at this stage of development a market cap of ~$200m is more than reasonable....and for interest sake a share price of 50 cents equates to market cap of $235m....

    Expect once get to IPO stage the market cap will be in excess of $500m.....or again a $1 sp equates to a market cap of $570m

    So feel free to sell tommorrow on the open as with what they released today their will be those who have cruched the numbers and done the analysis to eagerly take up your shares...and you will make a nice profit...but personally I have been with this stock for a while and done my homework so not about to rush to sell tommorrow....
 
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Currently unlisted public company.

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