AKN-- M/C from roughly $40m to $5m now RMI---M/C from roughly $75m to $12.3m now VRC—M/C from roughly $150m to $23m now LIN——M/C from roughly $500m to $140m now
All except Lin appear to have very limited funds and are likely to need a CR shortly. All — except the Kangankunde project in Lin , have vends from the chairman and all appear to have no or limited investor support.
Is there any hope for these companies — your thoughts appreciated.
Our Chairman is also the chairman of :
AKN-- M/C from roughly $40m to $5m now RMI---M/C from roughly $75m to $12.3m now VRC—M/C from roughly $150m to $23m now LIN——M/C from roughly $500m to $140m now
All except Lin appear to have very limited funds and are likely to need a CR shortly.All — except the Kangankunde project in Lin , have vends from the chairman and all appear to have no or limited investor support.
Is there any hope for these companies — your thoughts appreciated.
VRC Price at posting:
0.6¢ Sentiment: None Disclosure: Not Held
