How's that GW story working out? TVN Ludicrously over capped for the stage it is now at. Still drinking the kool-aid?
Everything needs substance mate...
Was the PFS all fluff too? guess so. peradeniya appears to think so, even if it was produced by some of the best in the business. No one knows peradeniya's credentials but its fun to throw out every generalised risk under the sun which could be applied to the entire exploration and mining sector. LOL.
So far on the back of the initial MOU, a lot of inroads appear to be forming... MOU's often lead to something when it is worth it, Can understand why Mt Peake went no where but VB is a much better asset and much more likely for an MOU to progress to something more binding.. Saudi's want to secure Vanadium, SRN have a hell of a lot of it and it seems they are genuinely advancing together at this point. To most, it is a good risk/reward scenario and if it plays out the way investors hope - a 100m MCAP will be just the start of it... TVN are sitting near that which is absurd based on the assets and road they have ahead.
SRN could be profitably mining and turning over green after green qtr and some of these naysayers would still be trying to poke holes in everything the company does or says. Muppet brigade must have seen the knob signal in the sky or have pagers something...
SRN Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held
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