VXR
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2.41% 42.5¢ venturex resources limited

Broker note, page-7

  1. Plummage
    228 Posts.
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    08/09/18
    07:01
    Post #: 35474269
    Kirbs
    My thoughts are-
    they will probably raise some cash after the DFS is out.
    the final DFS defines financing structures and will take these discussions to the next level.
    current market cap is in the 10-15% range of project NPV.
    this is ridiculous for a shovel ready development.
    there are no other shovel ready base metals developments in Australia.
    VXR has the potential to get interesting in Q4.
    cheers
    VXR Price at posting: 16.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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