I thought I would give you guys a break this week, although to be fair I haven't had much time as I have been preparing for a big hulahoop competition in Berlin. Between practice and sewing sequins on my leotards there hasn't been time to analyze the graphite market.
Anyway, here we are at 30 June and still no funding announcement. The auditors will be having kittens about whether Volt is a "going concern." According to the VRC budget the company has no money and while I'm not sure what the tipping point is I think we can agree that Volt must be dangerously close to insolvency.
I watched the presentation from TM which had all the buzz words but very little in terms of substance. The PFS NPV got paraded out again although it's clear there is no strategy to actually achieve this production and we still don't know if stage 1 makes any money. With microscopic margins and a ludicrous 2% cutoff grade it's far from interesting. In fact it's expensive and clearly funding is an issue.
- Forums
- ASX - By Stock
- VRC
- Ann: CEO Interview with Finance News Network
Ann: CEO Interview with Finance News Network, page-22
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VRC (ASX) to my watchlist
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.71M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.4¢ | $3.068K | 625.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 1479040 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 14519487 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 1479040 | 0.004 |
33 | 30531330 | 0.003 |
16 | 20101715 | 0.002 |
10 | 20667001 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 14519487 | 15 |
0.006 | 9347833 | 18 |
0.007 | 10780001 | 5 |
0.008 | 4989155 | 7 |
0.009 | 2745744 | 8 |
Last trade - 14.05pm 12/09/2024 (20 minute delay) ? |
Featured News
VRC (ASX) Chart |