VR8 1.82% 5.4¢ vanadium resources limited

Ann: Change in substantial holding, page-32

  1. 6,169 Posts.
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    Bit unlikely Raubex has been the buyer. Given Kumane had ( or still has) a parcel to sell then why not just offer the whole parcel to Raubex as a single transaction rather than unloading on the market in smaller parcels. Anyway, I note that Hoven ( from Kumane ) is an ex-director of VR8 and indicated not long ago he was going into semi-retirement, so maybe this selling is just to fund some retirement things. The tone of his farewell comment upon announcing his step down as a director certainly gives the impression he remains very much interested in following the VR8 project development and does not sound like someone who wants significantly out, especially as a founding member of the company and a DFS shortly forthcoming which should be extremely positive. By the way, just topped up before posting this.
 
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