VRC 0.00% 0.4¢ volt resources limited

Investors are rushing for supply, page-38

  1. 1,669 Posts.
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    It is a silly debate, "Whose is bigger and better!"

    The market makes that call and the market has currently given VRC a market cap of $25m and WKT a mc of $15m.

    There's a lot of other factors to consider, which also includes how good the Graphite companies market their product.

    Volt doesn't have to be the biggest and the best company, just as long as it can achieve some good sales of its ore. Obtaining the $30m funding for stage 1 development would be a huge boost for the company. A few good sales will see the company re-rated and a mc of at least $250m seems feasible. That is a sp of just 25c!

    My target sp for VRC is 30c which seems entirely feasible on what we currently know and the company's mine development plan and timeline! At 30c I will be a very happy investor! VRC has already been future valued at 37c by one broking firm.

    Good luck to WKT holders and the holders of other Graphite stocks. The Graphite demand will be such that all the Graphite stocks should have markets for their ore. As TM said today in the broadcast, Volt is actively pursuing sales with companies involved in the wide spectrum of uses for Graphite, including Graphene. It is not just targeting the battery companies.

    Volt appears to travelling very nicely, the company's progress is going to plan. It already has 5 companies which have agreed to purchase some ore. The market will re-rate VRC at some stage and a 10x re-rating to at least 25c seems entirely feasible. If WKT is re-rated 10x the sp rises to 88c, and if the sp goes even higher, great, and good luck to their holders!

    Personally, I am happy with the progress that the VRC board is making with the company, and I hope that their hard work, diligence and marketing brings much success to the company in the future!
 
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