VRC 0.00% 0.4¢ volt resources limited

I am not going to sell my shares anymore and buy as much as I...

  1. 134 Posts.
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    I am not going to sell my shares anymore and buy as much as I can because:
    1. PFS is completed and confirmed the technical and financial viability of the Namangale project
    2. PFS showed the project's NPV-after tax is US$890M (A$ 1165M) which means a target share price of $1.16
    3. DFS is behind the door
    4. The first and best offtake was achieved just on right time so obviously the next ones will be much much easier
    5. Good management (delivering on time)
    6. The rumours are now gone away and this stock is going to attract much more buyers so I suppose the trend of the share price will be positive in the next few months

    For me, the price is bargain and would not stay like this for a long time.
 
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