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?
Estimation of VRX share price
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 (20min delay)
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Last
5.6¢ |
Change
0.001(1.82%) |
Mkt cap ! $32.66M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.6¢ | 5.4¢ | $12.02K | 220.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 69665 | 5.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 21815 | 1 |
View Market Depth
| Last trade - 15.57pm 27/05/2024 (20 minute delay) ? |
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Last
5.5¢ |
Change
0.001 ( 1.85 %) |
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| Open | High | Low | Volume | ||
| 5.5¢ | 5.5¢ | 5.5¢ | 48298 | ||
| Last updated 15.08pm 27/05/2024 ? | |||||
| VRX (ASX) Chart |