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Ann: Trading Halt, page-126

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Names little

17,843 Posts.

1250

02/09/17

21:21

Post #: 26955342
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Originally posted by Hulahoop ↑

The first milestone was 170ktpa, complete fail.

Now VRC is chasing only 20ktpa but you don't know if it will make money and you only have offtake for 1ktpa. But what concerns me most is you don't appear to have any issue with needing another CR only 5 weeks after the company told you the $1 million loan would be sufficient working capital to last until the end of 2017. Wake up!

And by the way, VRC are actually broke today. They basically have no cash and a debt of $1.1 million plus contingent liabilities of approximately $700k in payables and $700k to keep the project in good standing this year. You can argue all the semantics you like but non holders have called this correctly and VRC is down nearly 90% from its highs.

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Hi Hulahoop, have you or any of your contacts heard any of the details on what the CR details are yet.

Thanks

VRC Price at posting: 1.7¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 0.5¢		Change 0.001(25.0%)		Mkt cap ! $20.79M

Open	High	Low	Value	Volume
0.5¢	0.5¢	0.4¢	$3.713K	778.5K

Buyers (Bids)

No.	Vol.	Price($)
40	29046158	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	4947877	8

View Market Depth

No.	Vol.	Price($)
1	2694	0.005
39	29071158	0.004
17	18406068	0.003
14	17341526	0.002
10	41667001	0.001

Price($)	Vol.	No.
0.005	7196132	10
0.006	16542525	30
0.007	7767551	8
0.008	5895175	12
0.009	5271154	7

Last trade - 16.10pm 31/07/2024 (20 minute delay)

VRC (ASX) Chart