Did anyone else happen to see the Sandfire presentation? Key takeaways relevant to VXR.
Sandfire are cashed up with no debt, building their Copper portfolio across the world, looking for companies to joint venture with.
I believe you will find the discussions have already been had. At some point as mentioned by VXR our annual presentation the other day, VXR are looking to partner for the mine to be built, Sandfire is looking for companies to partner with.
I'm sure a deal will be done by VXR to get their mine done, I see it a little like this;
- VXR awaiting drilling results from current program, share price gets a jump because of the drilling results
- Upgrade in reserves (Breakers prospect), proving that it is a large Copper/Zinc area
- Market Cap rises further- Increase in Market Cap allows VXR to get great terms for funds whether it be debt or joint partner (like Sandfire)
Great time to be a shareholder of VXR, lots of upside, and pieces finally coming together in this puzzle.
Sandfire Presentation
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DVP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.17 |
Change
0.030(1.40%) |
Mkt cap ! $529.5M | |||
| Open | High | Low | Value | Volume |
| $2.13 | $2.17 | $2.10 | $1.514M | 707.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8000 | $2.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.18 | 3552 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| DVP (ASX) Chart |