VXR
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2.41% 42.5¢ venturex resources limited

i just went back to the VES announcement in Feb 2017. Back then...

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  1. Plummage
    228 Posts.
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    03/09/18
    09:19
    Post #: 35365184
    i just went back to the VES announcement in Feb 2017.
    Back then they had the 1.25Mtpa case with NPV388m which was +$50m over base case.
    The peak CAPEX for the 1.25Mtpa case was $194m, (versus $183m/1Mptpa) and note this is not pre-production capex either.
    So today's announcement has added $68m (constant price deck) to base case NPV, or 28cps.
    And we are trading at 18c!! crazy.
    VXR Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
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