I'd say by 2H 2021 VRX will be in the ASX 200.
$400M market cap will get a stock in there, around 80c for VRX.
That would be only 50% of the NPV calculated at margins of $20/t. When you factor in the potential for $40-60/t margins, this is set to have a company making 2021.
If everything goes to plan they should be paying dividends by Q4 2021.
Daily price prediction thread, page-600
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Last
2.7¢ |
Change
-0.001(3.57%) |
Mkt cap ! $16.96M | |||
| Open | High | Low | Value | Volume |
| 2.8¢ | 2.8¢ | 2.6¢ | $3.342K | 119.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 329103 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.7¢ | 146160 | 1 |
View Market Depth
| Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
| VRX (ASX) Chart |