Kyle, my broker doesn't have an interest in VRC but hears a few...

Kyle, my broker doesn't have an interest in VRC but hears a few whispers more that the average punter would. Not that they are necessarily always correct.

"Wouldn’t you agree that one would not have trouble selling $2M of almost any stock on the asx for a 25% discount to the current sp?"

No, I can't agree with you on this one. Sure if I was offered BHP shares at a 25% discount I'd jump at them. But we are talking about Volt Resources whose sp had dropped around 50% in the previous weeks, have no mining licence, funds that are running low, no PFS, no certainty about a major $40m capital raising, etc. Does that sound like a scenario that would entice most investors?? Why would investors throw money at VRC at present?

So it is good news to read from Patersons:
"There was strong demand for the Placement with the majority of the new fully paid shares being subscribed for by institutional investors!"