VKA
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0.00% 0.8¢ viking mines limited

I think its more a wider growth macro thing. Investment route is...

  1. pogoJnr
    511 Posts.
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    13/03/24
    22:44
    Post #: 72872258
    I think its more a wider growth macro thing. Investment route is very narrow at the moment due to expensive credit so funds are sticking to euphoric trades where they know volume will remain and not going long on growth markets. Same thing across all metal juniors even lithium microcaps. We basically have 18 months of cash burn at the present cash burn rate for canegrass to be monetized and vanadium demand to occur, so its a double edged bet. And Iron ore / rebar decline aren't helping.
    VKA Price at posting: 1.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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