Well, if you want to see an extreme share price prediction, one poster on the MNS forum set out a lot of income figures for when MNS is fully mining Graphite and making batteries. ...... and the sp valuation was $110.00 a share! Holy Hell!
So what will VRC's sp be during stage 1? My estimate is around 10c?
But what will VRC's sp be when it becomes "one of the top 3 Graphite mining companies in the world"? Perhaps in the range of 30c to 60c? Who knows? But my long term sp goal is 30c!!!! If all goes to plan with VRC!
Remember that Graphite miner Syrah has had a market cap as high as $1.6b! or 30x VRC's current sp and that = $1.20! Even if VRC only achieves a mc of half that of Syrah, $800m, then the sp will be 60c!
The demand for Graphite will continue to ramp upwards in 2019 and 2020 and VRC will right in the mix! Some Chinese companies are securing Graphite stocks for 5 years in advance!
Just my opinion.
(And if the bipolar fisherman doesn't like it, tough!)
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Last
0.4¢ |
Change
-0.001(12.5%) |
Mkt cap ! $16.63M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $27 | 7.743K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
39 | 69769192 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.4¢ | 13391021 | 23 |
View Market Depth
No. | Vol. | Price($) |
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6 | 1559831 | 0.004 |
33 | 30514663 | 0.003 |
16 | 20101715 | 0.002 |
10 | 20667001 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.005 | 14480737 | 14 |
0.006 | 9465480 | 19 |
0.007 | 10780001 | 5 |
0.008 | 5139155 | 8 |
0.009 | 2745744 | 8 |
Last trade - 11.57am 03/12/2024 (20 minute delay) ? |
VRC (ASX) Chart |