VAN 0.00% 4.7¢ vango mining limited

Ann: Brief Update , page-34

  1. 1,170 Posts.
    "There is alot more here to consider then share price ....."

    Guardian11 you have to be kidding. As an investor it is ALL about the shareprice. The SP is a barometer of what the market thinks of the stock. At the moment ORD is getting real close to a slippery slope. If there is no substantial good news in the coming weeks ORD is going to drift lower than I first thought. And if Caledon options cannot be monetized its getting to the point of HOW are they going to pay for their projects they are in advanced discussions.

    So as far as I can see they are hanging onto their hopes in Suplejack and 10-20% free ride in SARCO (my guess only) that the IPO is still months away with mining and Allumina production 4-5years away.

    So there is an awfull lot riding on:
    Selling CF
    Getting money from Caledon options
    Then the CR at these levels is not a good position.
 
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