Its not much however there is a chance of a management group or similar bottom picker stumping up some cash, removing current board, recap ect. Assuming all the problems were caused by VXL.....The resource and graphite market are there if you get in faster than african plays, the plant problems are probably fixable, put these two together it maybe faster and cheaper with the right people to push ahead with exploration and production compared to backing a greenfields play in Australia with significantly more capex per tonne of production.
VXL Price at posting:
11.5¢ Sentiment: Sell Disclosure: Not Held