LMAO did someone say capital raise? I have the trolls, greenies and down-rampers on ignore so I can't read their comments.
Last time someone said VMS was going bankrupt, which was laughable.
My response was the correct term is 'liquidation, administration or receivership' (you amateur) and VMS can't go insolvent if VMS don't have a debt; amateur hour.
The only reason why there would be a capital raise is if VMS was in a hurry to commence Mount Lindsay and that would be a strategic move rather than a forced move and if that occurred then it would be a positive on the share price in the long term. At this stage, no reason to be in a rush to commence Mount Lindsay as we will get the funds from the Riley Iron Ore profits, so why the heck would VMS need to do a capital raise?
The beauty of Mount Lindsay (Tin) is VMS shareholders get out of jail card as Tin is the future in the Electric Vehicle Evolution, no ifs no buts but actual fact.
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LMAO did someone say capital raise? I have the trolls, greenies...
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