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2.08% 11.8¢ vimy resources limited

yep. A slight risk. But also DFS lifetime NPV only on 50m...

  1. pezsaz
    211 Posts.
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    13/02/19
    15:18
    Post #: 37425027
    yep. A slight risk. 
    But also DFS lifetime NPV only on 50m pounds. There is 90m pounds.
    and I have stated for 18months that there will be two RBA rate reductions this year. Market now pricing in at least x 1 decrease. And RBA never only moves just x 1.
    so 70c could be a reasonable position. 
    I am backing AUD to fall to 67 - 69 by Y/E 2019
    cheers
    Pez 
    VMY Price at posting: 5.4¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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