“What I like about today's ann is the positive tone of the statements - it would be hard to put on such positivity if the Company knew it was sus.”
VSR managed to fool half the retail traders that they’d found the next big lithium discovery and raise $5m in the process when they knew they’d found bubkas. It’s managements responsibility to always put on a positive tone - they have no choice.
I’d be more concerned about the very poor reporting in todays release (leaving aside the lack of visuals), there is no JORC table, no collar locations and depths, no cross-sections, probably in breach of ASX requirements.
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