Your welcome JM-
i think you and others have also contributed to a sensible level headed discussion and i thank you all for that - we all in this together
Now, my first initial thoughts about Stephen Hunt when i saw his Interview on website is that he is a humble guy with a lot of passion and drive for success
What he did at MNS in such short time was also outstanding however he saw VRC would be a better fit for him and those guys i mentioned in my previous post who have joined VRC are also from MNS - clearly they know how to get an operation up to speed and into full production, dot their I's and cross their T's - i suspect they all learned a heck of a lot from MNS work
i certainly dont think that leaving MNS to come to VRC has hurt him at all - and he clearly left in good stead -
lets take a look at Feasibility studies !!!
Pre-Feasibility and Definitive Feasibility Studies
Pre-feasibility and Definitive Feasibility Studies (PFS and DFS). These studies are comprehensive, robust and provide our clients with the very best foundation for making business-critical decisions about their assets.
PFS will more than likely highlight :
- Scoping the study and the project under consideration.
- Identifying and engaging necessary resources to complete the study.
- Scheduling the study completion and managing contributing resources to ensure milestones, delivery dates and budgets are met.
- Coordinating stakeholder engagement, feedback and questions.
- Consolidating technical findings.
- Stress testing and imposing constructive challenge on both the capital cost estimate and schedule.
- Carrying out an @risk analysis (Monto Carlo based) on the capital estimate so a sensible contingency provision which reflects the risk profile is developed.
- Carrying out a similar approach on the schedule to determine best and worst case scenarios to enable recommendation of sensible float provisions.
- Development of a transparent and auditable financial model.
- Overall delivery of the study including presenting to key stakeholders (financiers, executive management, board, Joint Venture partners etc.)
So , the fact that people are selling before a PFS is so entertaining to me because the PFS could come out any day now
It will show economic robustness and will fire a warning shot across the bow of the spherical graphite ( for battery use in EVs which is VRCs main target/ focus ) sector, that we have an economically viable project - with off-takes already in place - WOW !
Cheers G101
- Forums
- ASX - By Stock
- VRC
- Ann: AGM Presentation
Ann: AGM Presentation, page-17
-
-
- There are more pages in this discussion • 71 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VRC (ASX) to my watchlist
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.63M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.4¢ | $3.068K | 625.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 1479040 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 14519487 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 1479040 | 0.004 |
33 | 30531330 | 0.003 |
16 | 20101715 | 0.002 |
10 | 20667001 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 14519487 | 15 |
0.006 | 9347833 | 18 |
0.007 | 10780001 | 5 |
0.008 | 4989155 | 7 |
0.009 | 2745744 | 8 |
Last trade - 14.05pm 12/09/2024 (20 minute delay) ? |
Featured News
VRC (ASX) Chart |