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Bullboard - Stock Discussion Forum Vanadium One Iron Corp. VDMRF

Voyager Metals Inc, formerly Vanadium One Iron Corp is engaged in the exploration of its properties for base metals and precious metals in Canada. Some of the projects of the company are Mont Sorcier Iron ore property and Clinton Manganese Property. It has one business segment Iron Ore Exploration in Canada.

OTCPK:VDMRF - Post Discussion

Vanadium One Iron Corp. > Iron ore prices high on robust steel production
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Comment by opagangnamstyle on Jul 08, 2020 6:40pm
Very positive that iron ore price just hit $105, the leverage in for their project is insane, each 10% increase in prices adds around ~C$400 million to their NPV, the base case that was used for iron ore 65% was at $92, currently the price is at $120 (15% premium of 62%) which is ~20% higher then the base case.  https://www.vanadiumone.com/pea-results/