Can some one give a quick summary of VAULTS financial position, regarding DEBT, CASH IN THE BANK , HEDGED OUNCES TO BE DELIVERED AND WHEN HEDGING ENDS. I have read through quite a few of recent forum posts and the future seems bright. VAULTS MC is just over 50 % of GMDs, only thing is we have very low grade ore which makes it critical for POG to stay elevated . I think L T is building a war chest and might be on the hunt for higher grade ounces in the ground. I'm invested in PTN which has a tenement in the vicinity of the VAULT & GMD operations, 1 million ounces with out a mill, could cost upto 500 million to purch ase, PTNs main operations are in NORTHERN TERRITORY, so quite possibly will sell WA tenements. A Mexican stand-off between R F & L T could be on the cards and L T has the bigger gun with all that cash and very little debt if any. Round 2 of the fight will be getting under way soon. Much appreciated if some one can post some quick figures about VAULTS FINANCIAL POSITION. Ccheers.
VAU Price at posting:
47.5¢ Sentiment: Buy Disclosure: Held
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