ZAG can say anything they believed in their annual report, as K2...

First 26 Last

Share
Profile

Follow
Rockshell

103 Posts.

22

18/03/22

13:44

Post #: 60276527
Share

Originally posted by PulpCutter: ↑

Here's Zuleika's 2020 Annual Report:

On 26 May 2020, Dampier commenced legal proceedings in the Supreme Court of Western Australia against Vango Mining Limited
(ASX: VAN, Vango), seeking damages, costs and an order requiring the transfer of its beneficial interest earned pursuant to the K2
Project Farm-in Joint Venture Binding Terms Sheet signed on 12th May 2017. The Supreme Court proceedings also includes a claim
for unpaid royalty payments and milestone payments arising from the Plutonic Dome Purchase and Sale Agreement. The K2 Project
has been re-named by Vango as PHB-1 and has become Vangoʼs “flagship project”.

https://zuleikagold.com.au/wp-content/uploads/2021/01/DAU_Annual_Report_to_shareholders.pdfRockshell, you're certainly welcome to your opinion, should you now feel the K2 tenements are not a central part of Vango's value. I have above substantiated my assertion that they are the crown jewel.

Expand

ZAG can say anything they believed in their annual report, as K2 was the only hope. For Vango and superior, maybe not. As per your friend’s analysis yesterday, K2 might not even be economically viable by itself. Again, Superior management must have realised that now so they filed the appeal in last minute. I am sure the current management at Superior knows what they really want. Trust your own management. They know they had to appeal.

VAN Price at posting: 3.5¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply