VKA
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0.00% 0.9¢ viking mines limited

Trading below cash backing now

  1. tongaface
    487 Posts.
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    08/11/18
    12:42
    Post #: 36432232

    at 1c VKA is trading at a $3.1m market cap or below cash backing of $4.3m - $8.6m cash depending on how much you probability you attribute to them receiving the final payment for their Ghana gold assets


    $2.9m cash balance as at Sep-18

    $1.4m cash from Mongolian coal asset sale coming in Jan-19

    Even without the $4.3m cash they are still owed by their Chinese buyer (who has paid $7m to date) for their Ghana gold assets

    VKA Price at posting: 1.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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Last
0.9¢ 		Change
0.000(0.00%) 		Mkt cap ! $9.563M
Open High Low Value Volume
0.9¢ 1.0¢ 0.9¢ $39.00K 4.308M

Buyers (Bids)

No. Vol. Price($)
2 41499 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 473472 3
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