DVP 5.57% $1.99 develop global limited

Mr VXR, Bill Beament, page-272

  1. 2,220 Posts.
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    As last count (18-March), there were 3048 holders of this stock - probably more now. Yesterday, over 99% of holders said yes Bill please take a third of this company and do your best.

    A lot have happened since the 2018 DFS. so those 'fundamentals' are quite dated. Copper price / supply constraint and decarbonisation thematic - strong overall story. MIN involvement - proven mine builders. New top shelf management. All options exercised, $60M in cash. There are deals waiting to be made out there. They are drilling.

    The recapitalisation is designed to reposition Venturex to become a rapidly growing supplier of new-generation energy and technology metals. They have reiterated this many times and I don't think it's just spin this time round.
 
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