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Taking this private could very well be a “Preferred” option by...

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Josephinedirt

279 Posts.

119

28/08/24

16:10

Post #: 75418438
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Originally posted by blister: ↑

its possible that they take it private, but there would be some complications with that approach. Liquidation would put them out of the decision seat, and if there was any value in the tenement they'd find themselve in a bidding war. Alternatively, buying us out would put Sparta and cannacord on the outs not to mention any sophs they've screwed as we'd be getting pennies on the dollar as we are at all time lows since being focused on sand.

part of me still believe they want to have a genuine crack at this, but they are simply bad at their jobs. I trust in their greed though that they'll ride this to the bitter end.

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Taking this private could very well be a “Preferred” option by some or the powers that be. But don’t bank on it. Exhaustive attempts might have to be made ahead of that curve.

VRX Price at posting: 2.8¢ Sentiment: Hold Disclosure: Held
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Taking this private could very well be a “Preferred” option by...

Buxton projects new graphite province discovery at WA Narryer play

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

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Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

BCI reaches close of funding facility for salt-first part of Mardie project

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

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Taking this private could very well be a “Preferred” option by...

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Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

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Cokal upgrades infrastructure for BBM ramp-up in Indonesia

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BCI reaches close of funding facility for salt-first part of Mardie project

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

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