An interesting AGM...in as much as what was not discussed, as what was. I imagine that there are a number of 'irons in the fire' at this stage awaiting further development. Potential synergies with Superior/Billabong, a case in point.
Recent appointments suggest that the transition to mining is happening...albeit slowly. As a 5 year shareholder who has purchased shares between 2.8c and 18c, its been a bumpy ride. The fundamentals however have not changed - despite the impact of litigation (see Kori's eloquent defence), Sino-Australian relations and a global pandemic. The fact that there is gold -and lots of it, is indisputable. The current SP may reflect sentiment, but not the true value of the site. Patience, is the key.
Projected milestones need to be met to grow the company, reduce uncertainty and restore faith. I remain bullish - and hope that 2021 becomes the year that Vango begins mining in earnest.
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- Ann: AGM Presentation Developing a Major Australian Gold Project
Ann: AGM Presentation Developing a Major Australian Gold Project, page-7
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