VAN 0.00% 4.7¢ vango mining limited

on the radar and undervalued, page-2

  1. 10,570 Posts.
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    good post and thats just for CCD, as you point out there is LAOS etc.
    Also note that whilst GRAM invest in developing the cap ex to expand the mine ORD take the value increase ride.

    Its like being granted an option for $10 000 dollars worth of shares provided you can cough up the money to buy them for $10 000 dollars AT ANYTIME BUT knowing that the $10 000 will be multiple of this once the mine is fully developed. At THAT point in time all ORD needs to do is get a loan for the $10 000 (which at that time is worht more) and sell some say for $20 000, pay the bank bakc and keep the rest

    Its that simple imo
 
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