dem Company-Vorsitzenden, der die Aussichten des Unternehmens analysiert. finde ich interessant.
Seiner Aussage nach will Virgin Metals so schnell wie möglich zur Produktion übergehen, so in nächsten 2-3 Jahren. Die Firma selbst vermutet ein enormes Vorkommen an Molybden. hier das Video www.ceoclips.com/media/virginmetals_300.asx
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Valuation
At current prices Virgin Metals has a fully diluted market capitalization of roughly C$25 million. Based solely on the company’s first phase of production at Los Verdes your correspondent believes that the stock is a quadruple from here.
This is because, with over 3.5 million pounds of high grade copper production, 1.5 million pounds of moly production, and with attractive tungsten credits, Virgin will cash flow in well in excess of $25 million in its first year of production, using commodity prices discounted heavily from their present levels. That cash flow alone should garner a multiple of at least 4 times, which would put the company’s share price at C$1.40+.
Of course, the above takes no account of the big expansion in year three, or the huge potential of Cuatro Hermanos, which could well result in a buyout.
Conclusion
Over the next three to four years, as Los Verdes expands to full production and Cuatro Hermanos proves its mettle, we believe that VGM could command a handle in the mid to high single digits.
quelle www.resourceinvestor.com/pebble.asp?relid=21279