VRC 25.0% 0.5¢ volt resources limited

Thanks for the reply, Possum!If VRC makes it to 10c plus a...

  1. 1,669 Posts.
    lightbulb Created with Sketch. 237

    Thanks for the reply, Possum!

    If VRC makes it to 10c plus a share, then I will have plenty of new friends, partying with me in the Bahamas!

    Sure, it is good that the SEM is pleased with VRC's documents and economic presentation. Now it is VRC's turn to convince potential investors! It will be very interesting to peruse the prospectus being sent to interested investors. After all the huff, puff and bluff from VRC over the last 3 years, here is VRC's time to shine and to show the full potential of the company! Everything must be put on the line, including off take agreements, the economics of the mining, the profits to be made, the staged development into a major world Graphite miner etc.

    Investors must weigh up the lure of a yearly dividend and the possible rise in the Bond price, against the risks involved with the company. At a sp of just 1.1c, many investors wouldn't take on that risk.

    Let's hope that all goes well and VRC is able to raise the US$40m (got it right this time!), quickly and easily!

    Expect a flow of announcements from VRC over the coming months.

    Good luck to all.



 
watchlist Created with Sketch. Add VRC (ASX) to my watchlist
(20min delay)
Last
0.5¢
Change
0.001(25.0%)
Mkt cap ! $20.79M
Open High Low Value Volume
0.5¢ 0.5¢ 0.5¢ $1.415K 290.3K

Buyers (Bids)

No. Vol. Price($)
35 23268662 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 1808763 6
View Market Depth
Last trade - 16.10pm 25/07/2024 (20 minute delay) ?
VRC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.