VAN vango mining limited

the best chinese partners you could have, page-6

  1. 1,856 Posts.
    I'm not trying to be provocative here, but the company's low cash position is surely an issue here? The options are unlikely to be exercised, so presumably there will have to be further capital raising - and the company already has a lot of shares. The change in management is obviously a plus, but I note that bauxite project is 700km by road from the nearest town, which seems a worry. Any comments?
 
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Currently unlisted public company.

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