Ahh... no i wouldn't complain if they had mined 30,000 tonnes and produced a set of figures that proved it was a profitable project. That would add value.
BUT... thats not what happened. They mined 846 tonnes...... Lost $3 million in cash (above the purchase consideration).
So you are saying that if they had achieved the 30k tonnes i should be happy and satisfied with management and the Board BUT when the reality is 846 Tonnes and a $3 million loss i should STILL be satisfied and not give them a hard time?
I don't think is reasonable to applaud them for imaginary results...
Ann: Volt to Undertake BAM Plant Feasibility Study, page-79
-
- There are more pages in this discussion • 26 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add VRC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.4¢ |
Change
0.001(14.3%) |
Mkt cap ! $16.63M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $6.644K | 1.661M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1663964 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 14902206 | 15 |
View Market Depth
| Last trade - 14.34pm 02/09/2024 (20 minute delay) ? |
| VRC (ASX) Chart |