"then it is worth taking a look at GPX"
Very astute, Omidomi!
In fact some of my quotes have actually come from Graphex!
I am fully aware the Graphex has good Tanzanian Graphite deposits and other good tenements worldwide. At 33c and a mc of just $23m it may be a good proposition. However for it to become a Disallowed or 10x, its sp would need to reach $3.30. For Volt to become a Disallowed or 10x, its sp would need to reach just 24c!
So for me, I'm sticking with VRC unless something out of the ordinary jumps out at me! I do believe that VRC will secure the US$40m capital raising through a bond issue, which would take its funds to around AU$60m. This will de-risk the stock a lot, make the market take more notice of it, and give it the funds to begin phase 1 of mining!
VRC may not become the biggest or the best Graphite stock on the market, but for me it doesn't have to. If it achieves a sp of 30c longer term, then I will be over the moon, or more precisely, I will be over in the Pacific Islands! Relaxing 24 hours a day with the most expensive cocktails that they can make!
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