VAN 0.00% 4.7¢ vango mining limited

Ann: Bonanza Gold Intersections from New Zone at Marymia, page-34

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  1. 6,415 Posts.
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    CUB do you see red flags at Corporate level or resource level ?

    I am doing a lot of research into VAN myself

    $122M MC is already up there but I believe there will b a substantial increase in high grade mineable resource

    $70M finance agreement would probably get them to DFS and beyond by end of CY20

    Terms of the finance agreement are always concerning though but the Chinese want to finance a gold mine that's not surprising and there is no reason why they cannot succeed

    A few legal issues floating around in the background but as far as I can see do not relate to the target of current drilling which has been successful

    Existing resource is attributable to the Trident area W more to come

    watching closely


 
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