Good moves to reduce costs and the register is very clean, they have a good cash treasury, and now lots of directors (Walshe and Raihini) have lots of skin in the game from on marekt buying.
Serious multi bag potential from here. Raihini has done good things at AUN in recent times, and Walshe has just turned MTM around in a matter of months to being a huge momentum play.
Most explore cos that listed in the last 3 years have all suffered similar doom loop fates. VSR is one of the few that has managed to do a logical JV and maintain a strong cash backing without rushing into another exploration fad like most of the peers.
I'm happy to keep holding to see what the future brings.
VSR Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held
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