VCN 0.00% 11.0¢ vulcan resources limited

1st announcenent not good 2nd good, page-38

  1. 368 Posts.
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    Where does it say that they are going to do anything with the 50 million other than what was planned - i.e. develop Kylylahti?

    Again I think people just need to read what was announced (and it was announced before the AGM, by the way). This is a setback, clearly, but if we end up with a better project that makes more money for investors then spending a bit more time in the DFS stage will have been well worth it.

    The doomsters will no doubt say that it will never get over the line, but again this not what the announcement says. If the company really thought this they would have stopped some time ago.
 
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