SRN surefire resources nl

Since the company just announced: ASX:SRN 04/05/2022, SUREFIRE...

  1. 7,020 Posts.
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    Since the company just announced:

    https://hotcopper.com.au/data/attachments/4314/4314292-4c8b1d35e07fef7e3bcb93a66db2d32d.jpg
    ASX:SRN 04/05/2022, SUREFIRE RESOURCES NL, Amended Beneficiation Study Update Economic Viability. https://www2.asx.com.au/markets/trade-our-cash-market/announcements.srn

    Doing some rough calculations:

    This is insane value, once the market wakes up, this will probably double or triple...

    https://hotcopper.com.au/data/attachments/4314/4314305-821cefb4f5b5b9b3d9b67cbd2763526b.jpg
    ASX:SRN, 04/05/2022, Amended Beneficiation Study Update Economic Viability https://www2.asx.com.au/markets/company/srn

    https://hotcopper.com.au/data/attachments/4314/4314307-dfb4153d8fac9f1437ef2a93acd63069.jpg
    https://www.vanadiumprice.com/vanadium-price-reached-8-year-high-today-analyst-coverage-going-mainstream/

    https://hotcopper.com.au/data/attachments/4314/4314310-ced36ebaa6fa36113174e716ca3350aa.jpg

    https://www.xe.com/currencyconverter/convert/?Amount=1&From=USD&To=AUD, and google et. al.

    = $40,831,385,036.8 AUD

    https://hotcopper.com.au/data/attachments/4314/4314311-dfcfe1dd50ee2da055b59d4cc047478d.jpg
    https://finance.yahoo.com/quote/SRN.AX/key-statistics?p=SRN.AX

    https://hotcopper.com.au/data/attachments/4314/4314314-ef8cb8c02be7c21ecc211c7e4639f136.jpg
    -ASX:SRN, 1 Oct 2021, SUREFIRE RESOURCES NL, Annual Report to shareholders

    At 20% profit for the venture: then we would expect sales/SOI = $7.16/share.

    Therefore.... this could rise to $7.16/share over the course of it's life, and that is based on just one of their projects.

    This thing is potentially a sleeping giant.
 
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Last
0.2¢
Change
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Mkt cap ! $5.860M
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No. Vol. Price($)
99 198001493 0.1¢
 

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Price($) Vol. No.
0.2¢ 135086933 73
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