The Strachan report on VMS out today is a great read.
http://www.ventureminerals.com.au/documents/StrachanCorporate-VentureMineralsFebruary2009.pdf
Take home points for me were....
"Strachan Corporate calculates an NPV of $100 million for a project to process 24 million tonnes of magnetite ore which, when compared with the company’s current market cap of $9 million, shows room for share price appreciation, even after dilution for additional equity requirements."
"An estimated processing cost of $76/tonne of concentrate to achieve a magnetite concentrate, at the Tasmanian port of Burnie, leaves an estimated operating margin of around $94 million pa after co-product credits."
"The company’s current market capitalisation represents just $0.30 per tonne of Inferred Resource, when $2 per tonne would be a more appropriate metric, based on 3% of an
estimated insitu value per tonne."
- Forums
- ASX - By Stock
- strachan report a great read
The Strachan report on VMS out today is a great...
-
-
- 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 CRI (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $32.04M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.1¢ | $18.04K | 1.548M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 1802150 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 1425947 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 1756650 | 0.011 |
19 | 4925099 | 0.010 |
9 | 5198333 | 0.009 |
9 | 5166996 | 0.008 |
6 | 4071428 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 1425947 | 5 |
0.013 | 1142992 | 7 |
0.014 | 1360037 | 5 |
0.015 | 1367825 | 4 |
0.016 | 1074330 | 4 |
Last trade - 15.27pm 13/09/2024 (20 minute delay) ? |
Featured News
CRI (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online