incidentally on the grant of the ML on Muchea and Arrowsmith for...

incidentally on the grant of the ML on Muchea and Arrowsmith for VRX their SP ran up to 40c providing a MC of roughly 180M !!!!!

they raised capital a few months later at 18c discounted on WAP from 23c and with 441M shares on issue thats an MC of over 100M

that gives you some idea of the risk margin bring applied presently to the SP to mitigate the competence of the current CRB board !!!!!! if they had any idea at all , they really should act in the best interests of the shareholders and resign and leave it to the adults