The counterpoint is VRC trades under 2 cents during the next 2 months, fails to raise capital in October, defaults on the $1.1 million debt facility and hands over the asset to the note holders. Then VRC trades at shell value which is less than 1 cent.
Of course the "cheer squad" who have been on the losing side of this trade for 12 months and down 74% will disagree because they have a financial interest in the outcome and are reluctant to debate the actual fundamentals of the stock. It appears easier to predict and discuss the alleged hockeystick explosion in graphite usage ten years from now than look at the genuine issues impacting VRC today.
By the way, I'm still waiting for that Stage 1 PFS that demonstrates that this $30 million market cap company is worth more than $1 million.
VRC Price at posting:
2.6¢ Sentiment: Sell Disclosure: Not Held
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