Australia's largest stock trading and investment forum Australia's #1 stock forum

VRC

Click for more information

0.00%

0.5¢ volt resources limited

Hi GT, re "stonewalled by the chairman of the DSE", do you know...

First 125 Last

Share
Profile

Follow
Names little

17,840 Posts.

1249

25/01/20

17:34

Post #: 42573544
Share

Originally posted by GT55 ↑

Names it’s been know for quite a long time that projects in Tanzania over $100m capex need to be partially listed (30% I think) on the DES stock exchange.
VRCs stage 2 will take it over that, and the Bond would have actually covered that part of the mining legislature if its not changed.
Given the Tanzanian governments attitude to doing business hell knows what will be the requirement in the future.
For the record if you had been following the Bond had DSE board approval in Dec18. But was stonewalled by the chairman of the DSE. Let’s just say self interest amongst some of Aswime’s fellow countrymen gets put ahead of the country at times. (I’ve said that to Asimwe), that’s why it’s taken so much time and in the end a change of country was needed.
And yes I have confused you with your mate W85, sorry, but you knl guys all look the same!

Expand

Hi GT, re "stonewalled by the chairman of the DSE", do you know what the objection was? Like it seems odd they encourage local participation but then object to listing a Note. Did it not meet some requirement for DSE listing?

VRC Price at posting: 1.2¢ Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

STX

Strike Energy secures $153 million for Perth Basin gas projects

SBW

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

AML

Cultural heritage agreement puts Walford Creek exploration back on the map

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

RDN

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing

There are more pages in this discussion • 8 more messages in this thread...

First 125 Last

Add VRC (ASX) to my watchlist

(20min delay)
Last 0.5¢		Change 0.000(0.00%)		Mkt cap ! $20.79M

Open	High	Low	Value	Volume
0.5¢	0.5¢	0.4¢	$12.60K	2.577M

Buyers (Bids)

No.	Vol.	Price($)
60	40058571	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	5121616	5

View Market Depth

No.	Vol.	Price($)
60	40058571	0.004
11	20037715	0.003
12	27741525	0.002
8	17667000	0.001
0	0	0.000

Price($)	Vol.	No.
0.005	4971616	4
0.006	27050098	37
0.007	7893551	9
0.008	5295275	10
0.009	5671149	8

Last trade - 12.00pm 24/06/2024 (20 minute delay)

VRC (ASX) Chart