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0.2¢ vital metals limited

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

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silverdog2009

85 Posts.

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12/09/17

11:51

Post #: 27153378
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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

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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
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Last 0.2¢		Change 0.000(0.00%)		Mkt cap ! $11.79M

Open	High	Low	Value	Volume
0.2¢	0.2¢	0.2¢	$41	20.4K

Buyers (Bids)

No.	Vol.	Price($)
82	94170532	0.2¢

Sellers (Offers)

Price($)	Vol.	No.
0.3¢	43833559	54

View Market Depth

No.	Vol.	Price($)
82	94170532	0.002
31	169362531	0.001
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.003	43833559	54
0.004	11066594	27
0.005	22171024	23
0.006	5967649	10
0.007	1217296	3

Last trade - 12.57pm 13/11/2024 (20 minute delay)

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