VAU vault minerals limited

Way Forward

  1. 1,077 Posts.
    lightbulb Created with Sketch. 944
    Todays dump offers excellent value in my view.

    6.812 billion shares on issues less the 412 million from SLR gives a net 6.4 billion shares. At $0.38 I get a market cap of $2.4 billion.

    Combined cash & inventories should be around $400 million by the end of the quarter leaving an EV of around $2 billion.

    Combined reserves are now 4 million, giving a reserve value of just $500 an ounce when margins are closer to $1500 an ounce.

    Add in resources of 12 million ounces plus 4 plants for free.

    https://hotcopper.com.au/data/attachments/6269/6269981-67249098e3a09cc9895fbdf98dc28ffb.jpg

    Question is was today's dump anything to do a material change of ownership at Spartan?

    I note the chair SPR Rowan Johnston used to work at Integra before it was taken over by Luke Tonkin at SLR.

    Note sure if there is a link, but the today's dump seems very strange in what is an otherwise pretty quiet gold market.

    GLTA/IMHO

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
42.0¢
Change
0.000(0.00%)
Mkt cap ! $2.857B
Open High Low Value Volume
42.5¢ 43.0¢ 41.5¢ $12.12M 28.83M

Buyers (Bids)

No. Vol. Price($)
13 1334089 41.5¢
 

Sellers (Offers)

Price($) Vol. No.
42.5¢ 510427 11
View Market Depth
Last trade - 16.12pm 02/07/2025 (20 minute delay) ?
VAU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.