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5.41%

39.0¢ vault minerals limited

Ann: Russell Clark appointed as independent Non-Executive Chair, page-22

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colincj

6,332 Posts.

87

04/07/23

09:08

Post #: 68602384
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Originally posted by WilliamPike: ↑

You said
"The Sianna mine had been closed because of forces outside their control. Disposing of this problematic asset in the Pacific and concentrating management time and resources, and shareholders capital, towards developing a new mine near Leonora in a Tier One location seems to me to be a fairly reasonable call on balance. Despite the enormous amount of shareholder funds effectively written off as a result, I have the phrases "don't throw good money after bad" and "know when to cut your losses" in my head."

My view is and always has been that this board signed up to run Siana, didn't like going there (I complained directly to the Chairman about this) and so ran away. They should have resigned in my view. I would dearly like to know how well the new owners are doing at this so called "difficult" mine.

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link for you William
https://tvird.com.ph/siana-gold/

RED Price at posting: 20.0¢ Sentiment: Buy Disclosure: Held
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Last 39.0¢		Change 0.020(5.41%)		Mkt cap ! $2.652B

Open	High	Low	Value	Volume
38.5¢	39.3¢	37.8¢	$12.24M	31.73M

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No.	Vol.	Price($)
8	700310	38.5¢

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Price($)	Vol.	No.
39.0¢	332507	9

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No.	Vol.	Price($)
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17	941121	0.380
17	993797	0.375
16	834256	0.370
5	171557	0.365

Price($)	Vol.	No.
0.390	298537	8
0.395	1202291	16
0.400	1645366	38
0.405	427035	11
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