VAN 0.00% 4.7¢ vango mining limited

Ann: Trading Halt , page-16

  1. 594 Posts.
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    After reading the announcement, it appears to be a very good deal for ORD S/H based on the fact that:

    (1) The deposits are high grade
    (2) Half a million ounces are sitting at K2 & Tri
    (3) Existing infrastructure
    (4) Barricks processing plant is nearby (minimise OPEX)
    (5) 75% interest in the project

    Well done Frank, that's a pair of kings right there (Supple & Dome). Now we're looking for a straight in realising value from Laos.

    I anticipate a capital raising of $2M for now.

    Welcome the thoughts of others.
 
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