VRX 7.50% 3.7¢ vrx silica limited

As per the latest announcement, the post-tax NPV of the Muchea...

  1. 134 Posts.
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    As per the latest announcement, the post-tax NPV of the Muchea Silica Sand Project is $338M.
    The number of shares is 445.1M.

    Very high level estimated share price is estimated $338M/445.1M being 75c.

    I understand that this is not accurate and there are several risks associated. However, remember that this is the NPV for only one of the many projects that this company works on.

    For me, VRX looks very under-priced and is a good opportunity to buy.

    Any idea?
 
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1 24001 3.6¢
 

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Price($) Vol. No.
3.7¢ 92211 1
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