VRC 0.00% 0.4¢ volt resources limited

Another MOU of no value to shareholders for two reasons. 1. Volt...

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  1. 223 Posts.
    Another MOU of no value to shareholders for two reasons.

    1. Volt has no cash to fund the business beyond next week so a "discussion" in 3 months time is irrelevant.

    2. The market understands that an MOU means nothing. An agreement to agree or discuss or negotiate or partner or cooperate provides no security for future funding.

    And furthermore we still have no guidance on the potential economics of this small scale mining strategy.

    Perhaps someone can explain why the company hasn't raised funds yet?
 
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