The back of the envelope starts looking a bit interesting, and I've been doodling with a few numbers.
Happy for any corrections and input, but this is where I landed:
Let's just say; the latest drilling is going to move some of the inferred to M&I (why wouldn't you?).
Definitely target that high grade zone - 90 million Mt at 0.42%.
Pick a number......say it's 10% of that which is moved to M&I, circa 9 million Mt.
That's 9,000,000,000 kg of ore with 4.2g of pure V2O5 per kg.
There's 37,800,000 kg of V2O5
Let's say Vanadium Pentoxide is $US 5/kg for arguments sake. I know it's been higher, but maybe it should be lower for the long term.
That's a value of USD 189,000,000 divided by say 1.2 billion shares, give or take.
I arrive at a value add of 15.75c per share.
I can't help but feel like the next six months could be huge for all shareholders here.
- Forums
- ASX - By Stock
- Playing with numbers - Haggan value short term
The back of the envelope starts looking a bit interesting, and...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AEE (ASX) to my watchlist
|
|||||
Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $100.1M |
Open | High | Low | Value | Volume |
14.0¢ | 14.0¢ | 13.5¢ | $46.37K | 339.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 720633 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 433893 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 720633 | 0.135 |
27 | 1070452 | 0.130 |
8 | 829040 | 0.125 |
10 | 606024 | 0.120 |
3 | 419000 | 0.115 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 83893 | 2 |
0.145 | 246074 | 3 |
0.150 | 434882 | 4 |
0.155 | 160000 | 2 |
0.160 | 985299 | 9 |
Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
Featured News
AEE (ASX) Chart |
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham, CEO
James Graham
CEO
Previous Video
Next Video
SPONSORED BY The Market Online