OTCPK:VDMRF - Post by User
Comment by
shawshank2on Jun 30, 2021 6:27pm
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Post# 33477649
RE:RE:RE:RE:RE:RE:Frustrating
RE:RE:RE:RE:RE:RE:FrustratingEricQC wrote: Hey Shawshank,
Anyone can do the back of the napkin math to understand that the NPV value would be north of $1.7B if they use a higher IOP price than the one they used in the current feasibility study and with a higher resource number. With all due respect, updating the NPV value without the bankable feasibility study would not, in my opinion, attract enough institutional investors and create the buying pressure on this stock that we all hope for. Without the bankable feasibility study, VONE has nothing more than a claim on the property but nothing tangible that will create any real cash flows anytime soon.
Patience is the name of the game with this one.
I get it...be patient but some promotion and moreso insider buying would instill confidence. We continue to see red almost everyday and it would be nice if we could build a new base. When they release initial Npv in 2020 they did a trade halt etc but of course it was just before market crash so fell on deaf ears