The merger booklet doesn't make for good reading.According to...

The merger booklet doesn't make for good reading.

According to the independent consultants Roseby has a 36% chance of making a loss over its lifetime. It's a massive project, much bigger than Kylylahti, but even under best conditions is unlikely to make more money than Kylylahti. It also stands to wipe out any profit Kylylahti might make if the market goes bad.

No wonder the market considers Roseby such a dog.

VCN getting involved seems ridiculous. Why saddle yourself with such a large project that stands to make very little, if any, money?

Having read what they sent me, I'd be selling out of VCN if I wasn't already making such a loss. As it is I might as well leave it and take the risk. Hopefully I'm wrong about it all.