Nice post Jamac!
Good on ya for liking fishing, there's a new boat in this for me if VRC takes off! Could be a nice tinny at 8c or a 50 foot luxury liner if VRC gets to 50c as you've predicted! And a nice Tesla 3 to boot! (lol)
Graphite does have potential, but as you've stated MNS' sp has dropped, actually from $1.40 to just 20c today.
A quote from an investor on Top Stocks in 2016!
"Mns capped at nearly $400m We have the best graphite in the world, about to be admitted to the ASX 300. Broker reports value us at $1.40 without offtakes / finance, target price is $2!"
But SYR is even worse, it has dropped from $5.60 to $1.20! Both well known Graphite stocks!
I do believe that VRC will be re-rated if the funding is secured, and your suggestion of 8c would be a nice starting point!
So much hinges on that jolly funding being secured!!! Could it happen in July? And then how the market rates Volt's plans for Stages 1 and 2 will ultimately determine the sp!
Good luck, and I hope your future valuations for VRC do indeed prove correct!
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