Yes it wouldn't be surprising at all. Guys like Rick Rule say the primary variable when investing in early stage exploration companies is the quality of Management as they generally won't have an asset that can be valued per se (one cannot calculate an NPV for pre-discovery exploration ground!). And this is where VSR stands out amongst their peers - the credentials of management and the way Walshe is running the business would likely garner confidence from the "big end of town" to take a punt on early stage exploration.
And many of these Iron Ore magnates are also interested in REEs... Twiggy owns a chunk of Hastings up the road and Gina has invested heavily into recent REE exploration Co's...
VSR have a dual Li & REE focus right now.. ... it will certainly be an interesting year ahead for VSR.
- Forums
- ASX - By Stock
- VSR
- Ann: Several Thick Pegmatites Intercepted from Surface at TiTree
Ann: Several Thick Pegmatites Intercepted from Surface at TiTree, page-910
-
- There are more pages in this discussion • 108 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VSR (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.3¢ |
Change
0.002(18.2%) |
Mkt cap ! $6.312M |
Open | High | Low | Value | Volume |
1.1¢ | 1.3¢ | 1.1¢ | $9.448K | 749.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 3374869 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 960825 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 3374869 | 0.012 |
8 | 1295440 | 0.011 |
9 | 1771568 | 0.010 |
6 | 1667779 | 0.009 |
4 | 1745000 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 782295 | 5 |
0.014 | 1107999 | 5 |
0.015 | 1934243 | 4 |
0.016 | 149680 | 3 |
0.017 | 175591 | 1 |
Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
Featured News
VSR (ASX) Chart |