VRC 42.9% 0.5¢ volt resources limited

Ann: Completion of the ZG Group Transaction, page-148

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  1. 1,470 Posts.
    lightbulb Created with Sketch. 263
    "..critically it was acquired to aid Bunyu funding."

    Can you possibly be serious?

    To get funding for a proposed mine in Tanzania, which nobody in that country (or anywhere else) wanted to fund, the company went and bought 70% of some non-quantified asset in the Ukraine? And debt-funded it!

    WHO is going to lend them money on that basis? I don't know your professional background, but I'd bet London to a brick it's not business, or, finance!


 
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