VRC (ASX) Ann: Proposed Acquisition of European Graphite Producer

Originally posted by possum2: ↑

Firstly, Caoimhin, congratulations on your post this morning. You have managed to understand what Volt and management are doing to increase
shareholder wealth. As usual many here have failed to see what Volt is building for the future..

""It will take some time to fully research this announcement but at face value it appears to be an excellent strategy.""

If only one could look into the future and see where Volt will be in 12 months time. Those that have been dumping their stock this morning will be kicking themselves for throwing away a wonderful opportunity for a major pay day. Having now been a very long term Volt shareholder I can empathise with all shareholders that the journey has taken longer then we would have preferred.

But let's not cloud our judgement on what has been announced today and the opportunities that are now in front of us. I have bought more stock this morning after having read the latest news. I have followed many stories over the years and what Trevor has now bought into Volt is an absolute game changer and company maker. If you believe that EV's are the next big thing in the coming years and that the need for graphite is a no brainer, then consider what this announcement brings. We now have a 70% interest in the BIGGEST graphite project in the whole of Europe.
We will have the opportunity in doing deals and forming partnerships with some of the biggest car manufactures who are currently situated on that side of the planet . They will be in need of plenty of graphite, and we will be there to supply it. Trevor has secured an absolute fantastic asset for a bargain price. An asset that has the capacity to be scaled up to help meet the increasing demand.

I thought I would be buying more at 3c this morning but to my good fortune I was able to buy at half that price. Volt have now leap frogged themselves ahead of many others who are desperately trying to get funding to instantly become a producer of graphite in a world where there will not be enough graphite to satisfy the increasing demand.

They have picked up a graphite mine with another 100 years of graphite sitting below surface that WILL generate a cash flow situation
to put them in a very very healthy financial position. Something that Volt has not been able to boast about for quite some time. Volt is no different to any other junior company that needs to continue to raise money to get to the end point. For those that have been complaining about cap raisings in the past you are out of touch with the real world. Your other option of course is to invest in established companies that are already generating enough money to not need to raise capital. Volt is obviously not there yet. But with todays news it's on the way to becoming that type of company.

For those that can look further then 12 months, you are now presented with a wonderful opportunity and that is to buy into a company at bargain basement prices that will most likely have many strings to it's bow in the coming years. It might seem a strange statement to many here who are obviously disgruntled with the time it has taken, but as of today's announcement VOLT now represents an opportunity to invest in something that could literally change shareholders lives for ever.

Cheers.

Expand

Possum, I like you are a very long time SH. I have been tempted to sell and walk away numerous times but still hold. Its been a long and frustrating journey but I believe in VRC . There is just one thing I don't quite understand though. If the Zavaliesky Graphite business is so good why would the existing shareholders accept the aquisition by volt for what seems to me, to be a failrly small price. What are your thoughts on this?

No.	Vol.	Price($)
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Price($)	Vol.	No.
0.004	397373	2
0.005	22844423	22
0.006	9857088	20
0.007	8852581	6
0.008	5795275	11

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5795275

(20min delay)
Last 0.4¢		Change 0.000(0.00%)		Mkt cap ! $16.63M

Open	High	Low	Value	Volume
0.4¢	0.4¢	0.4¢	$3.054K	763.4K

Ann: Proposed Acquisition of European Graphite Producer, page-133

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