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Hope so mate. PB is definitely going for it. Its great to see...

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Sunrayta

4,281 Posts.

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29/03/23

21:06

Post #: 67031078
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Originally posted by vfpa5000000: ↑

Running some ball park valuations for each of the 100% owned projects and their respective stages of exploration, please feel free to add or comment as these are based on experience and other project comparables on the ASX:

$100m+ Vanadium & HPA Aluminium, Victory Bore Project, greater than 3 billion pounds. PFS stage. Wouldn't be surprised if NPV comes out to be >$500m once PFS is finalized given current results.

$50m+ Iron ore high purity magnetite, Perenjori Project, exploration target of up to 1.2 billion tonnes, 70% Fe grades, exceptional.

$20m+ Gold, Yidby Project, early days of exploration but current hits of 39gpt at shallow depth is very promising and nearology play (Mt Gibson 30km south = 3m ounce project, other large projects around the area also).

$170m+ of total valuation at current stages vs current market cap of ~$32m (2.0c share price). I.e. 5x upside from current share price. Wouldn't be surprised to see this move substantially higher in the short term. Market discovering value.

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Hope so mate. PB is definitely going for it. Its great to see him hit the ground running like this.

SRN Price at posting: 2.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.6¢		Change 0.000(0.00%)		Mkt cap ! $11.91M

Open	High	Low	Value	Volume
0.6¢	0.6¢	0.6¢	$15.66K	2.626M

Buyers (Bids)

No.	Vol.	Price($)
27	21073481	0.5¢

Sellers (Offers)

Price($)	Vol.	No.
0.6¢	8401010	5

View Market Depth

No.	Vol.	Price($)
27	21073481	0.005
13	11390088	0.004
6	6269009	0.003
7	9100000	0.002
7	12750000	0.001

Price($)	Vol.	No.
0.006	8401010	5
0.007	15599878	20
0.008	4279506	8
0.009	3242332	5
0.010	8071825	10

Last trade - 16.10pm 21/08/2024 (20 minute delay)

SRN (ASX) Chart