VXL
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0.00% 11.5¢ valence industries limited

The company is taking on debt at high interest to achieve a more...

  1. m0ngy
    10,075 Posts.
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    27/07/15
    16:55
    Post #: 15701510
    The company is taking on debt at high interest to achieve a more profitable production split. Drilling may be desirable but it is expensive and unaffordable at this time. In any case the water table issue with mining depth restriction is still live and the company would want that resolved before further exploration.
    VXL Price at posting: 26.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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Currently unlisted public company.

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