I acknowledge the budget is simply an estimation however the company clearly needs to raise capital to fund the BFS. Having now read through more historical HC posts I do not understand the aversion some shareholders display towards this reality. Indeed, shareholders appear to be avoiding reality completely with this company.
Regarding NGI, you are correct that "as long as they pay up, who cares" and this is my point. NGI presents as a shelf company with no obvious operational activities or assets, therefore the contract settlement risk appears to be very high. As an observing outsider this type of deal presents as "spin" and immediately raises a red flag on Volt as a company.
There are simply not enough questions being asked of a company with such poor performance, surprising really.
Oliver.
I acknowledge the budget is simply an estimation however the...
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| No. | Vol. | Price($) |
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| 45 | 30530873 | 0.4¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 2764984 | 5 |
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