Exactly. $20M at project level minus overhead for first two years. So based on math I provided above, the fair value at 10x EV/EBITDA (on either 2024 or 2025) is around $0.20-$0.25. I agree there's more upside as they progress over the years. So for a long-term holder there's still more upside than that.
Exactly. $20M at project level minus overhead for first two...
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Last
5.7¢ |
Change
0.004(7.55%) |
Mkt cap ! $33.25M | |||
| Open | High | Low | Value | Volume |
| 5.4¢ | 5.7¢ | 5.4¢ | $44.77K | 814.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 273297 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.9¢ | 20000 | 1 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
5.5¢ |
Change
0.004 ( 1.85 %) |
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| Open | High | Low | Volume | ||
| 5.4¢ | 5.5¢ | 5.4¢ | 178268 | ||
| Last updated 14.15pm 03/05/2024 ? | |||||
| VRX (ASX) Chart |