IHi Possum . This market is very hot at the moment. As you have...

First 102 Last

Share
Profile

Follow
darcy7

315 Posts.

55

01/04/22

14:02

Post #: 60581270
Share

Originally posted by possum2: ↑

How lucky we all are to be getting all this good advice from those who don't even have a vested interest in Volt. They have taken the time in their busy schedules to warn us about our investment decisions.

Volt shareholders have been very fortunate over the years to not only have those who aren't shareholders give their advice on how Volt is going, but also we have had numerous posters over the years who have declared that they are shareholders but have never had a kind word to say about the company they supposedly have invested in.

Interesting to read the Appendix 5B announcement on Friday.
Not too sure who alerted the ASX to look more closely into Volts financial situation, but something tells me the ASX didn't just stumble onto it by accident !!
It would appear that every time Volt comes out with a positive announcement someone is keen to hit it on the head with negative comments and do their best to undermine Managements efforts.
I thought Trevor answered the questions as one would expect. He highlighted the fact that the company HAS ALWAYS been able to furnish it's debts under his watch as the CEO. There will of course be those caring individuals who would like Volt shareholders to think otherwise. I remember Rykster for instance telling shareholders when the stock was trading at just half a cent, some time ago that the company would not survive. Since then the share price has managed to hit a high of 4.5c , the company has managed to secure some gold tenements adjacent to PDI which has a mkt cap of around 300 million dollars. They have also acquired a graphite mine in the Ukraine which is one of the few producing graphite mines in Europe and they have also managed to acquire a Lithium interest in Serbia next door to Rio who have committed to spend 2.5 Billion dollars. After the election in April we will know more about whether RIO will get it's licenses back. I am not too certain that RIO will be happy to just walk away from that project after being spending plenty of their money and been given certain assurances. { Anyway watch this space }.
In recent times Volt have also managed to secure some very good partnerships with U.S companies which will prove critical in their development of eventually becoming a major player in the Battery space.

Not bad for a company that supposedly was not going to survive years ago.

What do I say to all those who are forecasting Volts demise. I HAVE HEARD IT ALL BEFORE !!

Cheers.

Expand

IHi Possum . This market is very hot at the moment. As you have pointed out some of the lithium stocks have huge market caps and they are still a long way from making money.
This makes graphite stocks look cheap ,the trick is to buy before the stocks takes a leap.VRC still has a low market cap and we all know that
graphite is going to be in big demand in the years ahead.
The purchaser for six million this morning obviously understands that momentum,and of course no guts no glory ......

Last edited by darcy7: 01/04/22

VRC Price at posting: 1.8¢ Sentiment: Hold Disclosure: Held
11 Upvote

1 Great analysis

Reply

Top Stories

BCI

BCI reaches close of funding facility for salt-first part of Mardie project

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

There are more pages in this discussion • 75 more messages in this thread...

First 102 Last

Add VRC (ASX) to my watchlist

(20min delay)
Last 0.4¢		Change -0.001(12.5%)		Mkt cap ! $14.55M

Open	High	Low	Value	Volume
0.4¢	0.4¢	0.4¢	$2.184K	552.6K

Buyers (Bids)

No.	Vol.	Price($)
40	75918292	0.3¢

Sellers (Offers)

Price($)	Vol.	No.
0.4¢	5239231	7

View Market Depth

No.	Vol.	Price($)
40	75918292	0.003
16	23416715	0.002
8	18150001	0.001
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.004	5186600	6
0.005	16815298	15
0.006	8860468	14
0.007	11063001	6
0.008	4864155	6

Last trade - 13.31pm 04/10/2024 (20 minute delay)

VRC (ASX) Chart

IHi Possum . This market is very hot at the moment. As you have...

BCI reaches close of funding facility for salt-first part of Mardie project

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

IHi Possum . This market is very hot at the moment. As you have...

Top Stories

BCI reaches close of funding facility for salt-first part of Mardie project

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News