VAN 0.00% 4.7¢ vango mining limited

Ann: DAU: Dampier seeks compensation from Vango, page-12

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  1. 4,571 Posts.
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    kori, those two directors dealings aside, I’ve looked back at Marymia and I can’t find much at all in the last 18 mths. I spent a few hours the other night going through lots of anns. No mention in jan or July 19 quarterly either.
    I am just trying to get my head around this, it seems the original deal was 50% of total capex or a max of $3 million. Now anns about dewatering K2 go back to 2016, but nothing has happened, did VAN realise the expense was far greater than anticipated to get K2 into production because it sounded like all systems go 4 years ago.
    Just trying to get my head around it not trying to pick a blu here, but getting into bed with those two is probably something BM regrets and that would be an understatement, but why did VAN need too in the first place and unfortunately trying to buy them out didn’t work.
 
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