Games Up, page-28

Some good posts of late, balanced and rational, not the hysterical "we're all doomed" posts of some well-known, nasty nutters!

We all know that VRC has a good product, a good management team, good PR people and links to the US market through Eddie Sugars. The Graphite demand boom will begin to hit from 2019 onwards. There are hundreds of companies currently involved in developing Graphene for commercial use, there already a huge number of uses for Graphite in lots of manufacturing sectors, and there are at least 15 giga-battery factories being developed!

It seems incongruous that VRC can't at least snaffle some sales of its Graphite ore!

At a sp of just 15c a lot of shareholders will become rich! If VRC does achieve some good sales then a mc of $260m is achievable, representing a sp of 27c! Don't forget that Syrah had a mc of $1.6b not that long ago!

It is reassuring to know that Maz540, the VRC board, the VRC PR service and a broker close to the company are all still very positive about VRC becoming a successful mid-tier Graphite mining company! But then again, what else could they be expected to say?

VRC remains a highly speculative stock, with a lack of cash, trading with uncertainty remaining about the Tanzanian government's new tax laws and a volatile ASX being effected by the rumours of a war. Prudent investors may consider VRC as too risky, but ... the potential upside is high, if everything goes to plan for VRC! Everyone should determine their own exposure to risk. With my buy in price averaging 3.0c, I am quietly confident the VRC's sp will rise significantly at some point in time, and it will actually become a Graphite mining company. Just how large the company will become is very speculative, but a sp of 15c or more will be very profitable for shareholders! Owning VRC shares is a risk that I am prepared to take, .... at this stage!

GLTA VRC shareholders!