I think i read from their financial report they only had 2.5 mil in cash left after buying cheetah from the 18mil Tungsten sale and Chris Atkin seems very focused on capital mgmt (but i have been burnt by silver tongues b4) however with Chris's ex lynas background seems very credible so far to look after shareholders. So i think VML board will, get as many possible positives ann's out first to raise the SP, then with offtakes and potentially Canadian finance or private bridging facility/debt bring the project forward, then tap SH for a CR if absolutely needed.
Seems like one of the only sml cap directors to tap us last but i cld be wrong but CR at 2.5c of higher i'd think
Ann: Investor Presentation, page-47
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add VML (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.68M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $1.954K | 651.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 79 | 76515987 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 3781058 | 2 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| VML (ASX) Chart |