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High quality and low expenses -> high margin VRC margin is...

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richard987

401 Posts.

26/02/17

20:31

Post #: 22917065
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Originally posted by wkt ↑

Im trying to demonstrate how a large holder could very well see this playing out, I also wish all stocks the best of luck.....hell I lost over 100k in a market crash over the Greece scenario some years ago, so I do know all about loosing money.
My comments are very relevant to the SP action of VRC.
Im not scare mongering, im just stating the facts.
0% of 461 million tonnes is 0, you do need to get to production firstly.
The amount isn't relevant, what is important to all graphite plays at the moment is to have high quality and low expenses to avoid the China and SYR invasion on refractory grade graphite, this is all IMHO.
Can you all see this or am I talking to a brick wall?
Regards
WKT

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High quality and low expenses -> high margin
VRC margin is $1600-$500 = $1100 or so ... seems high/robust and should translate into getting finance.
Did I miss something?

VRC Price at posting: 3.7¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.4¢		Change 0.000(0.00%)		Mkt cap ! $16.63M

Open	High	Low	Value	Volume
0.4¢	0.4¢	0.4¢	$160	40K

Buyers (Bids)

No.	Vol.	Price($)
9	2808572	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	14562115	16

View Market Depth

No.	Vol.	Price($)
9	2808572	0.004
34	30695063	0.003
15	20051715	0.002
9	20167001	0.001
0	0	0.000

Price($)	Vol.	No.
0.005	14562115	16
0.006	9207833	17
0.007	11063001	6
0.008	4989155	7
0.009	2471144	7

Last trade - 10.08am 18/09/2024 (20 minute delay)

VRC (ASX) Chart