Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-42

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r3s0urc3

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08/02/24

17:48

Post #: 72309988
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Originally posted by possum2: ↑

An interestinq question r3s0urc3.

I reckon there would be some who may think TOO LONG.

FiveCent,

""Failed promises, missed timelines, a decade of trying to get funding....""

No one here could argue with you. I certainly am not.

I guess I look for reasons as to why they have broken their promises and why they have missed their time lines. I then tend to look at the other graphite companies that have been trying to achieve similar goals, and from my observation, not too many have been successful.
Had I known what I now know today, that funding for the whole graphite sector has been a nightmare, I would have chosen a different path to invest.

Hindsight is a wonderful thing.

It is easy to throw someone under the bus with the benefit of hindsight, but that's not my style. We can all blame Trevor for buying into the Ukraine mine at a time when there was no war happening. I guess there would be some irate shareholders who believe that he should have known that the war was about to begin.
How would Volt be positioned today had there been no war. Would that acquisition assisted them in getting the necessary funding where so many other graphite companies have failed. Would we have seen so many cap raisings take place over the past X amount of years had they been able to get the funding. Who knows, we might all have been singing Trevor's praises about what a smart move it was buying into ZG on the doorstep of the Europeans, given that the world was crying out for more graphite..

I guess we will never know the answers to those questions FiveCent.

I have often posted that there is a fine line between success and failure. But perhaps looking for the reasons why something hasn't been successful can often be a worthwhile exercise.

Cheers.

Indigo,

""Poor guys still delusional...""

And you are entitled to your opinion.

That's why we all love hotcopper. Everyone within reason can have their say.

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You know that doesn't answer my question.

So how long have you been on the stock market?

VRC Price at posting: 0.5¢ Sentiment: Buy Disclosure: Held
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Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-42

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Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-42

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