OTCPK:VDMRF - Post by User
Comment by
alfhopeon May 12, 2021 11:54am
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Post# 33182973
RE:Huge news!!
RE:Huge news!! Actually, I would have expected SP up min. 50% based on PR. MC. of CAD 25 million is just ridiculous. As it stands, they want to develop project themselves up to production. Personally, I would have preferred a sale after a successful increase in the resource estimate.
What can one expect from the stock in the short or medium term under this agreement? In the case of a sale, figures for MC. amounting to 10-20% of NPV were given. If resources were to be increased, this would be an NPV of approximately CAD 2 Bio. (from original 1.7), of which 10 - 20% would be CAD 200 - 400 Mio. But how does SP (height, period) develop when they bring it to production themselves? I would be very grateful for any information.