VRC
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0.00% 0.4¢ volt resources limited

VRC still on track - nothing has changed, page-14

  1. IAN Z
    134 Posts.
    lightbulb Created with Sketch. 13
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    09/02/17
    00:57
    Post #: 22472549
    I do not understand why this stock is very cheap while:
    1. PFS is completed and confirmed the technical and financial viability of the Namangale project
    2. PFS showed the project's NPV-after tax is US$890M (A$ 1165) which means around 28.5 times of the current market cap
    3. DFS is behind the door

    For me, the price is bargain and would not stay like this for a long time.
    VRC Price at posting: 4.1¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 11  Upvote
    lightbulb Created with Sketch.  Great analysis
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