Well, going by what happened with WKT, it could be 1 to 4 weeks before the Mining Licences are granted, I'd guess maybe 4 weeks. We have 2 Mining Licences.
The granting of their licence saw a modest rise in the sp, going from about 14c to 15.5c but that has fallen back to 14.0c today. So I don't think that VRC's sp will improve much when the Licences are granted. However it is improved confidence that the market has now in VRC that is good for the company.
The $40 capital raising is the big one, the break out announcement for the company! If that can be achieved then look out! As someone has often posted, "10c by Christmas time" could become a reality!
Ann: Environmental Approval Received for Bunyu Graphite Project, page-99
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Last
0.5¢ |
Change
0.001(25.0%) |
Mkt cap ! $20.79M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $5.49K | 1.181M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 49 | 30298271 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 5169200 | 6 |
View Market Depth
| Last trade - 15.13pm 28/06/2024 (20 minute delay) ? |
| VRC (ASX) Chart |