I invested a small amount here at PFS, and then took a much larger bite after the DFS was released. On the standalone metrics this project looks outstanding, and peer comparisons suggested a very large valuation gap between VR8 and other Vanadium explorers. I've DCA'ed a bit since then, but I'm happy with the holding for now.
I feel very bullish on the prospects here - the mineral is a critical mineral, our CEO & leadership are switched on, and it appears that all required conversations are progressing in the background (financing, offtake, FID, operational planning). At c$40m MC, once they start derisking the project and increasing the confidence that we'll make it to Production, our MC/NPV % should increase.
Great to see a CEO who is also very bullish, but I'm excited for the concrete proof of this progress. Cheers
I invested a small amount here at PFS, and then took a much...
Add VR8 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
4.3¢ |
Change
-0.002(4.44%) |
Mkt cap ! $24.09M | |||
| Open | High | Low | Value | Volume |
| 4.2¢ | 4.3¢ | 4.2¢ | $1.08K | 25.53K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15902 | 4.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.5¢ | 200000 | 1 |
View Market Depth
| Last trade - 12.40pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
4.2¢ |
Change
-0.002 ( 4.55 %) |
||||
| Open | High | Low | Volume | ||
| 4.2¢ | 4.2¢ | 4.2¢ | 1 | ||
| Last updated 10.08am 03/05/2024 ? | |||||
| VR8 (ASX) Chart |