VCN vulcan resources limited

1st announcenent not good 2nd good, page-10

  1. 277 Posts.

    zinpin the key problem is they're not factoring in a metals boom, they're using long term prices which are basically pre-boom prices. Plus, the shortage of labour and machinery caused by the boom IS factored into the cost side. Add the surging EURO, its a tripple whammy. Thats why they should publish the data, if an investor like me disaggree's with the price assumptions we could make our own decision, but they just come out with a sh ite announcement.
 
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