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donnie
23-02-2007, 11:44 AM
Anyone following this one has risen nicely over the last 2 days

trackers
28-02-2011, 06:53 PM
Reposting a rough summary:

Been reading over everything hear and it really has to be seen to be believed.

So we're told YRR have 125.8Mt @0.7% V2o5, 32.3%Fe, 8.6% Tio2.

I'll just talk about the V2o5.

We know they have a high grade of 60.4Mt @ 0.98%.
These are the best grades by a country mile. TNG have head grade of 0.33% and ATI 0.4%

TNG is worth around $40m and ATI over $200m

Now overall there is 875,000 tonnes of contained V2o5
High grade component 591,920 tonnes of contained V2o5

Vanadium is going for $14/lb or $30.88kg

YRR has a instu of $2.7 Billion for it's V2o5 overall and $1.8 Billion for the high grade component.

YRR has a market cap of $8m with $3.4m in cash

Therefore they have a EV$4.6m for the above and I only included the Vanadium

I have never seen a JORC resource which has such a large instu value have such a low EV.

A market cap of $20-$30m would seem cheap for YRR and yet that is multiples from it's current market cap

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http://www.hotcopper.com.au/post_single.asp?fid=1&tid=1381087&msgid=7803228

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Anyone else looking into this one?

shasta
28-02-2011, 10:42 PM
Reposting a rough summary:

Been reading over everything hear and it really has to be seen to be believed.

So we're told YRR have 125.8Mt @0.7% V2o5, 32.3%Fe, 8.6% Tio2.

I'll just talk about the V2o5.

We know they have a high grade of 60.4Mt @ 0.98%.
These are the best grades by a country mile. TNG have head grade of 0.33% and ATI 0.4%

TNG is worth around $40m and ATI over $200m

Now overall there is 875,000 tonnes of contained V2o5
High grade component 591,920 tonnes of contained V2o5

Vanadium is going for $14/lb or $30.88kg

YRR has a instu of $2.7 Billion for it's V2o5 overall and $1.8 Billion for the high grade component.

YRR has a market cap of $8m with $3.4m in cash

Therefore they have a EV$4.6m for the above and I only included the Vanadium

I have never seen a JORC resource which has such a large instu value have such a low EV.

A market cap of $20-$30m would seem cheap for YRR and yet that is multiples from it's current market cap

---

http://www.hotcopper.com.au/post_single.asp?fid=1&tid=1381087&msgid=7803228

---

Anyone else looking into this one?

I am now thanks Trackers... (Trading room says YRR has 319m shares so MCap is $11.5m), but still for a JORC resource, cheap as

Re the JORC in situ situation with YRR, reminds me abit of GES

TNG was on my list, but once these little puppies grow legs beyond $20m MCap - i lose interest.

Only stock with Vanadium exposure i have on my list now is MGY, but non JORC

Another stock for comparison of grades is RDR

trackers
01-03-2011, 08:59 AM
Thought you may like this one Shasta.. Apologies for outdated market cap, about a month old.

I think maybe this one is undervalued because progress on the project is so slow... but a lot more research to be done really!

shasta
14-03-2011, 07:59 PM
Thought you may like this one Shasta.. Apologies for outdated market cap, about a month old.

I think maybe this one is undervalued because progress on the project is so slow... but a lot more research to be done really!

Wow YRR has been smashed down with the rest of the market, now @ $0.024, i get an EV of just $4.3m, crazy for a company with a JORC resource!

trackers
15-03-2011, 07:42 AM
Wow YRR has been smashed down with the rest of the market, now @ $0.024, i get an EV of just $4.3m, crazy for a company with a JORC resource!

Haha yip, bet those calls to change the name from "Yellow Rock (i.e Uranium)" are going to get a lot stronger now lol.....