VTX vertex minerals limited

Ann: Disclosure Document (options prospectus), page-19

  1. 4,638 Posts.
    lightbulb Created with Sketch. 7208
    Morning all.
    @tarasbulba
    One can only guess, but if I could get a lot more for a specimen than the spot price of gold, I would take the opportunity.
    The negative would be, transport, storage, auction costs and finally delivery with a payment some months down the track.
    Those costs and hold ups need to be weighed against the simple process of crush and process with spot price at the time.
    I would assume they will opt for the latter and keep the money flowing into the bank.
    I would love to be wrong however and see a price much higher than spot.

    I was very fortunate and got my allocation in the raise.
    Kind regards, Wack
 
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