OTCPK:VDMRF - Post by User
Post by
opagangnamstyleon Feb 27, 2020 3:23pm
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Post# 30743047
Vanadium One Iron vs Alderon
Vanadium One Iron vs AlderonI choose to compare to Alderon because of mines will be stationed at Quebec.
| Initial CAPEX | 982MUSD | 341MUSD |
| Pre-tax NPV@8% | 1.7B | 1.87BUSD |
| IRR | 24.6% | 41.5% |
| Alderons share of NPV | 1.275B | |
| SP | 0,175 | 0,08 |
| FD | 141 730 000 | 65 130 000 |
| MCAP | 24 802 750 | 5 210 400 |
| % of NPV | 1,95% | 0,28% |
Just based on these numbers Vanadium One should at least trade at C$0.47. Also take notice that IRR is almost double and Initial CAPEX is almost 1/3 of Alderon Iron. These numbers from PEA is well above my expectations.