VAN 0.00% 4.7¢ vango mining limited

Looks like management are getting things moving step by step....

  1. 1,200 Posts.
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    Looks like management are getting things moving step by step. The terms of the Laos sale seem to be reasonable considering the slump in the bauxite industry, and paucity of potential buyers it seems. Lets hope it doesn't go nowhere like the Copper Flats deal, otherwise it's a further year out from realising value from Laos.

    Management are slowly regaining some credibility in my eyes. I just hope they haven't gone a step too far in trying to gain control of Dampier and possibly undermining the FIJV with them for Plutonic Dome. If they pull it off it will be kudos to them, otherwise it's money and time wasted that could have been directed solely at fulfilling the conditions of the FIJV.

    It seems we have a rejuvenated board that is moving towards their goal of being a gold producer in the near term. Interesting to watch what is hopefully a turnaround from near oblivion.

 
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