VRC

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0.4¢ volt resources limited

Ann: Volt Joins Gigafactory Development in US, page-102

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darcy7

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01/04/22

14:02

Post #: 60581270
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Originally posted by possum2: ↑

How lucky we all are to be getting all this good advice from those who don't even have a vested interest in Volt. They have taken the time in their busy schedules to warn us about our investment decisions.

Volt shareholders have been very fortunate over the years to not only have those who aren't shareholders give their advice on how Volt is going, but also we have had numerous posters over the years who have declared that they are shareholders but have never had a kind word to say about the company they supposedly have invested in.

Interesting to read the Appendix 5B announcement on Friday.
Not too sure who alerted the ASX to look more closely into Volts financial situation, but something tells me the ASX didn't just stumble onto it by accident !!
It would appear that every time Volt comes out with a positive announcement someone is keen to hit it on the head with negative comments and do their best to undermine Managements efforts.
I thought Trevor answered the questions as one would expect. He highlighted the fact that the company HAS ALWAYS been able to furnish it's debts under his watch as the CEO. There will of course be those caring individuals who would like Volt shareholders to think otherwise. I remember Rykster for instance telling shareholders when the stock was trading at just half a cent, some time ago that the company would not survive. Since then the share price has managed to hit a high of 4.5c , the company has managed to secure some gold tenements adjacent to PDI which has a mkt cap of around 300 million dollars. They have also acquired a graphite mine in the Ukraine which is one of the few producing graphite mines in Europe and they have also managed to acquire a Lithium interest in Serbia next door to Rio who have committed to spend 2.5 Billion dollars. After the election in April we will know more about whether RIO will get it's licenses back. I am not too certain that RIO will be happy to just walk away from that project after being spending plenty of their money and been given certain assurances. { Anyway watch this space }.
In recent times Volt have also managed to secure some very good partnerships with U.S companies which will prove critical in their development of eventually becoming a major player in the Battery space.

Not bad for a company that supposedly was not going to survive years ago.

What do I say to all those who are forecasting Volts demise. I HAVE HEARD IT ALL BEFORE !!

Cheers.

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IHi Possum . This market is very hot at the moment. As you have pointed out some of the lithium stocks have huge market caps and they are still a long way from making money.
This makes graphite stocks look cheap ,the trick is to buy before the stocks takes a leap.VRC still has a low market cap and we all know that
graphite is going to be in big demand in the years ahead.
The purchaser for six million this morning obviously understands that momentum,and of course no guts no glory ......

Last edited by darcy7: 01/04/22

VRC Price at posting: 1.8¢ Sentiment: Hold Disclosure: Held
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Ann: Volt Joins Gigafactory Development in US, page-102

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Ann: Volt Joins Gigafactory Development in US, page-102

Top Stories

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