OTCPK:VDMRF - Post by User
Comment by
opagangnamstyleon Mar 04, 2020 5:38am
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Post# 30764078
RE:RE:RE:RE:RE:SP ?
RE:RE:RE:RE:RE:SP ? With iron ore price (62%) just hitting $89 and with a premium of 20%, which makes the price for iron ore (65%) 107$, it is $15 higher then the PEA.
This is extra cashflow of C$94M per year or C$3.5B for LOM.
We are talking about a company with a 5-6MCAP in a safe location and a management ownership of 24%.