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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

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Post by alfhope on Jan 06, 2021 6:04am

SP ?

So simply said after Tax NPV@8% from $ 1.7 Billion (CAD) to $ 2 Billion (CAD). 10 – 20 % are MC of $ 200 – 400 Mio. Would be a SP from $ 17 – 34 (CAD). What is wrong with my math ?
Comment by DarkGreen on Jan 06, 2021 6:22am
You math is bang on alfhope ,this reminds me of years ago a company with the symbol V.NB a niobium play sat at 10 cents forever and they had a PEA and NPV done and then one dat I woke up and it was $1.50 /share . The market realised the value . This is going to happen to VONE .
Comment by yixter on Jan 06, 2021 8:10am
This should very comfortably be trading 2-3X this current sp and that is very conservative. I am seeing juniors all over with much higher marketcaps that don't have a fraction of the asset value we do.
Comment by alfhope on Jan 06, 2021 9:39am
Sorry for my wrong math.  MC $ 200 Mio. : 75.7 Mio. shares out = SP. $ 2.64 CAD. (or $ 5.28 @ 400 Mio. Sorry
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