VAN 0.00% 4.7¢ vango mining limited

Have been watching closely for a long time..thought I was...

  1. 827 Posts.
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    Have been watching closely for a long time..thought I was waiting for 2015 for Laos development...but
    now I see ORD is developing the Plutonic Dome Gold Project with Dampier Gold and is going to sell Laos bauxite tenements..
    I hope ORD can fund $4 Mill by 2yrs.

    Am I reading the quarterly correctly ? They have~ $1.5 mill cash atm.. and a 900 000 loan redraw capacity.?

    So now NST is giving ORD $3 mill for a 19.9% share of the company.(pending due diligence)

    and Xstrata may buy 3 tenements of Copper flats for $300,000

    This will bring them close to being able to aquire their 75% of Plutonic Dome Project.

    So who is this "international specialist Bauxite company" who looks like they are going to buy our Laos tenements ? Wonder what % ORD will ask for future smelter royalty ...%1 same as copper flats ?

    Just some thoughts to throw around for discussion as our ORD thread has become so tired and slow (reflection of ORDs progress over past years-unfortunately)

    I am optimistic largely because of how much skin Frank has in the game. I can only believe that he is working his butt off to make himself and all of us more financially comfortable.
    I will be watching to see how the due diligence goes for NST and Laos...and hopefully the feasibility study is very positive.

    Gisy
 
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