I would think this is one of the biggest no brainers on the ASX today...just completed a cap raising, chinese partner that hasnt joined just for fun, rumoured to be one of the biggest bauxite deposits in the world with Rio exploring right next door, copper flats etc...worst it could drop to would probably be 2 cents which was its low during the worst stock market crash in 80 years, previous high 3 years ago in the 80 cent range....i do believe it will take a long time but imagine the risk reward if you buy 500,000 of these right now. Worst you will do is lose $25K which is EXTREMELY unlikely...upside is anyones guess but I would have thought in the long run a 100% gain would be an absolute given and 500% is very realistic...BUT this is a DEFINITE bottom draw stock...it will take time.
VAN Price at posting:
4.6¢ Sentiment: Buy Disclosure: Held
