I notice you mentioned SYR. Did you take note of slide #14 of the SYR presentation? "Syrah Resources low-grade stockpiles at 2-9% TGC will be greater than most other projects proposed head grade"
And look, there is VRC on the graph with its very low grade deposit.
And don't you think it's a bit early to talk about stage 2 funding when you have no funding for stage 1 and no PFS to demonstrate that Stage 1 can be profitable.
@thegoodoil21 Volt is going to take whatever funds it can get from shareholders because they need money desperately. In the SPP prospectus they stated they will accept over subscriptions above and beyond the $1.5 million. Do you really think a company with no cash and $1.1 million of debt is going to turn away shareholders with a cheque, even if they sold part of their holding?
- Forums
- ASX - By Stock
- VRC
- Ann: Share Purchase Plan Offer Document
Ann: Share Purchase Plan Offer Document, page-60
-
- There are more pages in this discussion • 33 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
(20min delay)
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.63M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $160 | 40K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 1002118 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 14557115 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 1002118 | 0.004 |
34 | 30695063 | 0.003 |
15 | 20051715 | 0.002 |
9 | 20167001 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 14557115 | 15 |
0.006 | 9207833 | 17 |
0.007 | 11063001 | 6 |
0.008 | 4989155 | 7 |
0.009 | 2471144 | 7 |
Last trade - 10.08am 18/09/2024 (20 minute delay) ? |
Featured News
VRC (ASX) Chart |