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1.2¢ vector resources limited

even if all the equipment is completely shot, the scrap metal...

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82Punter

3,523 Posts.

1326

01/03/19

12:40

Post #: 37619825
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Originally posted by Big Kahuna 101: ↑

don’t get put off by the attack dogs that go for anyone that asks a question which may produce an answer they don’t like.

I think you would be correct to some extent, no doubt some of the gear has been damaged/outdated (it’s been sitting in the jungle for 6 years after all) and a lot can change in that time.

However I understand VEC were going to conduct an audit on this all (and no doubt did as part of the DD), so you would think they are confident the vast majority of it could still be used.

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even if all the equipment is completely shot, the scrap metal value would be at least 60% of the current MC.

VEC Price at posting: 2.0¢ Sentiment: Buy Disclosure: Held
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