I think the market has accepted that VMS is a great buy.
While some shareholders are not happy with the delay, most shareholders understand that moving from explorer to producer is not easy and that it's not like building Legos, it's a new wet screening plant and it's better to make sure the process is correct the first time (even if there is a delay) than quickly rush then get it wrong.
I believe the market has accepted that Iron Ore price will stay at least US$150 for a while compared to VMS's DFS of US$90, noting Iron Ore price is US$217.
All these selling in the last few weeks is just a bit of fun; I don't buy or sell as I hold enough to keep me happy.
Congrats to those who have bought the dip.
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Open | High | Low | Value | Volume |
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27 | 9178781 | 0.011 |
11 | 4429595 | 0.010 |
5 | 3590635 | 0.009 |
3 | 2163750 | 0.008 |
Price($) | Vol. | No. |
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0.014 | 2740000 | 5 |
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