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

VML

Click for more information

25.0%

0.5¢ vital metals limited

Ann: Watershed Tungsten Project Optimisation Studies Boost Value, page-12

First 12 Last

Share
Profile

Follow
silverdog2009

85 Posts.

14

12/09/17

11:51

Post #: 27153378
Share

Originally posted by Sarg ↑

Hi Guys

I held for far too many years, on the strength of too many hollow promises.
Initially it was all about gold in Burkina Faso, then Watershed, then back to BK, then gold in Queensland.
I gave up and took a large loss at 1.7c because even then there was too much debt to repay to McQuarie, let alone raising any more without a massive dilution for any mooted development of Wathershed?.

Mark may have had good intentions but cried wolf too many times, but certainly enjoyed a luxuriously high salary, all whilst destroying retail shareholders capital.
As those at Shark Tank say "for those reasons I'm out" and happy to be out.
I do however hope for those still in, it works out, but I'd be very cautious because $150mill is a very small prize in mining return terms given the risks and given (by example Wolf resources) which is already producing in the UK was once a 40c stock and now I think they are languishing at only .05c?. Why?.
Sarg

Expand

Wolf is practically privately owned by RCF. Never had any upside.

The only tungsten project worth looking at (especially at current sp) with a rising tungsten price is asx:vml

No other company has a project all ready to go. Fully permitted, approved and waiting for someone to believe in the Tungsten market again.

VML Price at posting: 1.0¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 1 more message in this thread...

First 12 Last

Add VML (ASX) to my watchlist

(20min delay)
Last 0.5¢		Change 0.001(25.0%)		Mkt cap ! $29.47M

Open	High	Low	Value	Volume
0.5¢	0.5¢	0.5¢	$7.931K	1.613M

Buyers (Bids)

No.	Vol.	Price($)
55	22028380	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	7420583	35

View Market Depth

No.	Vol.	Price($)
55	22028380	0.004
46	38680802	0.003
12	29550125	0.002
12	79894202	0.001
0	0	0.000

Price($)	Vol.	No.
0.005	7420583	35
0.006	11037750	40
0.007	11277722	14
0.008	14024284	6
0.009	6420049	10

Last trade - 16.10pm 03/05/2024 (20 minute delay)


Last 0.5¢			Change 0.001 ( 25.0 %)
Open	High		Low	Volume
0.5¢	0.5¢		0.5¢	210324
Last updated 14.43pm 03/05/2024 ?

VML (ASX) Chart