OTCPK:VDMRF - Post by User
Post by
anotherguesson Dec 14, 2022 8:38pm
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Post# 35172221
Blackrock vs VONE
Blackrock vs VONEBlackrock deal announced, with Blackrock valued at $140m. I had to get someone else to rack this for me ... but this is what they came up with:
- Similar NPV of C$1.9B vs US$1.6B for VONE
- Up front capital is twice VONE at C$1.5B as compared to US$575MM (C$750MM)
- IRR is half at 18% vs 43% for VONE
- Mine life is 39 years which is similar to VONE if they expand known Inferred resources
- No new/unproven technology needed for VONE – lower operating and development risk
VONE has the better project ... same valuation on VONE is +$1!! Am I missing something??
*Long term holder