Good to hear from you, Sarg. I'm glad you got 1.7c. That's a lot better than 0.7, and if anything looks like taking off you always have the option of coming back to recoup some cash. The only way I can see Watershed taking off, though, is if the tungsten price goes and stays high and they're prepared to give someone else the lion's share in exchange for development funding. I just can't see VML getting it on their own and if they did the dilution to current shareholders would be intolerable. Mind you, companies as a rule don't worry about current shareholders and are quite happy to massively dilute and then consolidate 10:1 to regain a respectable look. As for Burkina Faso, there's always the possibility of finding a mother lode but so far what's been discovered is far from that. How much more cash can be poured down that black hole?
Good to hear from you, Sarg. I'm glad you got 1.7c. That's a lot...
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Last
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Mkt cap ! $29.47M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $1.782K | 386.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 58 | 28183787 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 5703088 | 6 |
View Market Depth
| Last trade - 15.59pm 19/04/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 0.5¢ | 0.5¢ | 0.5¢ | 1857930 | ||
| Last updated 14.49pm 19/04/2024 ? | |||||
| VML (ASX) Chart |