Ann: Pre-Feasibility Study Completed, page-98

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stan101

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16/12/16

09:00

Post #: 21380672
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Originally posted by Flipper1970 ↑

Does anyone else get the feeling that VRC wanted to say more but didn't? I felt this PFS was honest and practical as they are not looking to create obstacles to offtakes and funding. I did read earlier that we were to hear more around product plans for market, etc, but think they might have left some additional good items out so as not to detract from this company making document. I wouldn't be suprised if we saw a few suprises announced in the very near future. A billion dollar company is certainly the direction tbey are headed in, and with the upside we can all see, l would expect this to - at the very least - double over the next 2 years based on extended drilling, growing demand, higher basket prices, product diversification, exploration for complimentary product (eg Lithium), etc. I do think we are facing one real risk from this point on, however, and that is the possibility of a takeover. The PFS has put an interim value and confidence on VRC, and for any of the major players, a billion or two for this would be an insanely cheap way to kick start a graphite play. Though more lijely something like this when a DFS us available, it is still a possibilty.

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Flipper, don't take offense, but can you please start adding paragraphs inot your posts. Trying to read them with just a block of text is painful.

VRC Price at posting: 6.4¢ Sentiment: Hold Disclosure: Held
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Ann: Pre-Feasibility Study Completed, page-98

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