VEC
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0.00% 1.2¢ vector resources limited

VEC chart, page-789

  1. Beard_of_Zeus
    3,972 Posts.
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    07/08/18
    14:21
    Post #: 34776030
    70% isn't really that exciting for this stock. It's been over that level many times, and hasn't seen any negative FA developments (imo).

    A 60% interest in a project 3.2M oz/AU with >$500m spent,~$70m worth of equipment, plus the other projects...that's worth a value of $20m. I've seen shells valued at 3x that on the asx.

    What is your reasoning?
    Last edited by Beard_of_Zeus: 07/08/18
    VEC Price at posting: 1.4¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 13  Upvote
    lightbulb Created with Sketch.  Great analysis
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