I would not worry to much about the current share price(unless you have to sell) its whats happening with the underlying asset that is important. We have just past a major milestone which has been holding things up for a very long time, we are now onto the fund raising stage and if that goes well we have a mine . that may not get fully reflected in the share price once again dont worry to much eventually the market will catch up. Markets are inefficient they dont always reflect fair value sometimes they overvalue a stock. its these inefficiencies that enable the patient investor to make a good return on their investment. I believe the bond raising will take place mid month as the first 2 weeks are always a bit quiet on the investment front with the hope that a large portion of the capital will be raised within the following 2 weeks. Im guessing once enough capital is in the bank (literally) they will begin ordering the long lead time items.
Fingers crossed for the bond raising for all us long/short term holders shes certainly been a rollercoaster
Wishing everyone a prosperous new year.
VRC Price at posting:
1.1¢ Sentiment: Hold Disclosure: Held
. that may not get fully reflected in the share price once again dont worry to much eventually the market will catch up. Markets are inefficient they dont always reflect fair value sometimes they overvalue a stock. its these inefficiencies that enable the patient investor to make a good return on their investment.
