VRC 0.00% 0.4¢ volt resources limited

Ann: US$8.5 Million Debt Facility Term Sheet Executed, page-56

  1. 1,404 Posts.
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    I agree with your post Jayse....Possum will be sorely missed.

    Thank you for your ongoing commentary and analysis Possum....it has been mist insightful and informative.
    I hope in the not too distant future you return back to the VRC pages.

    ***********************************************************************************************

    Whilst everyone has the right to express their opinion on Hotcopper....challenge posts.....present alternative points of view....encourage discussion etc....we all should be nice and respectful in the way we go about presenting our thoughts and opinions.

    Yesterday was a significant milestone day for VRC...the news that Trevor had secured Funding to purchase 70% of the ZG Operation in the Ukraine should have been a reason for everyone to pause and celebrate.....

    It was not that long ago that VRC's share price was sub 1 cent and the future was looking particularly dark....

    VRC has come a long way over the six months.
    VRC will officially be a Graphite Producer on June 11th...maybe before....when the first tranche of US$4.255 million will be drawn following execution of loan agreements and security documentation.

    Yes, the Plant is only operating currently at 30% capacity...yes there are still many issues that Trevor and his team need to address.....yes there will be a need for a CR raising in the future....yes there will probably be some share consolidation....etc....but the big picture for VRC is exceptionally positive with numerous commercial opportunities for VRC to commercialise.

    So can everyone please take time out today and reflect on where VRC has been over the last few years....but more importantly reflect on where VRC is now going.

    As Shareholders, we all stand to benefit from the many opportunities that have been discussed on this forum and are now available to VRC as a result of acquiring 70% of the ZG Group.
 
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