I agree, a great announcement released during the slow grind to perceived global recession. If this came when we were at 6.6c back in April we'd see a 7 in front again.
I agree there are limited financial details to back calculate and check, and once mgmt can switch some of the attention from procurement, project management, and operations, we get some of this data at the annual results/meeting.
As you know i sold just under half my holdings on the initial run up to 9c so have some dry powder to deploy back in. I have dipped in the high 4's previously (before the war/inflation/current monetary policy) but not planning to enter until there is carnage on the market and VML is forced under 4c, then i'll start buying back in for the longer term. IF she breaks 4c on the downside the only real support looks like 2c = ouch back to were we started, but with so many boxes ticked now, and a producer potentially low 3's will be the absolute base
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19 | 77301050 | 0.001 |
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Price($) | Vol. | No. |
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0.004 | 31697755 | 51 |
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