Agree @Tassy3 the lot of them are cheap - I hold a few graphites and have been topping up at lows. I don't post on everything I hold though. As for folding - well that's up to each player to make that decision. I tend to buy low and sell high.
Sometimes it takes a bit more patience than I anticipated but generally works over the mid to long term.
VRC is currently $31m MC with 2 global scale graphite assets in a subdued market. One of those assets Bunyu has impressive economics, and the other is in small scale production and has been classified a Strategic Asset in the ERMA investment pipeline. Once the Russia / Ukraine war is over, billions of dollars will be invested into rebuilding Ukraine. In contrast there are explorers sitting on zero resource other than a few rock chips or drill hits with similar or greater market caps.
Not financial advice either - just how I see value investing.
GL mate
VRC Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held
