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.
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I'd say by 2H 2021 VRX will be in the ASX 200. $400M market cap...
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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No. | Vol. | Price($) |
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5 | 317952 | 0.030 |
1 | 100000 | 0.029 |
1 | 7000 | 0.028 |
1 | 300000 | 0.026 |
Price($) | Vol. | No. |
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0.037 | 76412 | 1 |
0.038 | 14000 | 1 |
0.039 | 186660 | 1 |
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