VML 0.00% 0.4¢ vital metals limited

Very interesting:The analyst revised his valuation of Vital...

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    Very interesting:

    The analyst revised his valuation of Vital Metals to account for the added capital and increased share base. The result was a per-share valuation decrease to AU$0.18 from AU$0.21. Bentley added that the company's share price at the time, of around AU$0.046, does not reflect Nechalacho's underlying value, which he estimates at AU$0.03 per share in stage one and AU$0.13 in stage two. Plus, Nechalacho offers further upside, Bentley noted.

    Total value could be 34 cps/ So even at half that, it is still 4 times current sp

    Regards

    DD

    P.S They haven't even included Africa which is a dog shite continent to do business anyway.
 
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