Hi Jayse,
The success that PDI is having in Guinea is very good for Volt. PDI now have a market cap of around 280 million and it would appear that they might have a serious gold play happening .
Volt will eventually do something with this asset. Whatever they do with it, it appears to be an asset that continues to increase which can only be good .
It's a nice problem to have . It could eventually be worth lots of money to Volt if they decided to sell it off or if they decided to give all shareholders free shares in a float as you pointed out.
The reason they decided to aqcuire it in the first place was because the potential was definately there . It has proven to be a worthwhile purchase. It was a prudent buy management.
Watching with interest how it all plays out.
Ann: Volt To Present At Metals & Mining Day Hosted By Spark Plus, page-12
-
- There are more pages in this discussion • 30 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 VRC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.5¢ |
Change
0.001(25.0%) |
Mkt cap ! $20.79M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $5.49K | 1.181M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 49 | 30298271 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 5169200 | 6 |
View Market Depth
| Last trade - 15.13pm 28/06/2024 (20 minute delay) ? |
| VRC (ASX) Chart |