Vanadium One Iron Corp. V.VDR

RE:Blackrock vs VONE

[shawshank2]

anotherguess wrote: Blackrock 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

 Yes market cap after rto will actually be 176mil. Otherwise this asset is more economical if they can prove this with feasibility study. As always this is undervLued so rediculously. After almost 3 years i have learned to enjoy the ability to buy at dirt cheap prices while the project further derisks. I will also be losing up on blackrock At rto