VAN 0.00% 4.7¢ vango mining limited

I dont think people understand the magnitude of this project. It...

  1. 10,843 Posts.
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    I dont think people understand the magnitude of this project. It is so big that it will take a long time for all of the boxes to be ticked. Speaking at length to Frank yesterday and he pointed this out many times the project will be massive. But in 5 - 10 years he had bold plans to be very large.

    China want this project to succeed and it will but there will be patience required along the way.

    ORD starting from 2 days ago will not be priced like a resource in the middle of the sticks with no go ahead funding. Nearly all of those boxes have been ticked. An IPO is Scheduled.

    No reason why in the ST ORD's earnings cant be calculated. Given the expansion a generous PE will apply. We are moving away from a tin pot resource, very big difference and we will be priced accordingly.
 
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