Also for clarification cyjames.
I have been here a long time and fully understand the cycles of clay explorers. Especially VTM. If you actually sit down and read the announcements properly and join the dots. The decrease in average grade was there to see. I even discussed it with Big poppa 2 weeks ago on HC.
It is not really an issue of mine because I thought I knew the markets expectations and what would be delivered would not line up and some sort of sell off would occur.
I was taken aback by the lower grade than I was expecting and also was not expecting such a negative SP reaction to this lengths .. Which does suck for those buying higher but also does vindicate my experience with the market and VTM.
So bailed out? Not sure about that .. Do I need now further information to bring me back and showcase the $$$ VTM can make with the grade vs market peers and make an educating decision about a re-entry if it stacks up.
Also for clarification cyjames. I have been here a long time and...
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Last
39.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $38.11M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.0¢ | 39.0¢ | $9.995K | 25.36K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 57 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 90099 | 4 |
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| Last trade - 13.25pm 13/09/2024 (20 minute delay) ? |
| VTM (ASX) Chart |