VR8
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0.00% 4.9¢ vanadium resources limited

Ann: VR8 Appoints Corporate Advisor, page-14

  1. toby9562
    277 Posts.
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    03/02/22
    17:10
    Post #: 59336804
    It is highly likely that VR8 will require some equity funding to compliment the debt funding they secure (as someone suggested earlier, a 30-70% split is common). Engaging an external party to increase the share price obviously helps to reduce dilution when this capital raising is required. FID and mine construction is not far away in the scheme of things!
    VR8 Price at posting: 7.7¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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