You'll want to hold Rory.
The current mgmt will be focussed on return, specifically dividends asap. This is because they have invested their OWN money as opposed to the company's money; which was a feature of the past (taking a company salary/loan only to buy ord/van shares).
Youll not see grand statement anymore just facts.
If the team can pull off the approach; which is to send their feedstock to a nearby processing plant then there will be quick and big divs. Its really about how long they can sustain it. On current BFS only 2yrs. They need to extend reserves to make this a LT investment again.
- Forums
- ASX - By Stock
- VAN
- Story with VAN
Story with VAN, page-7
-
- 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)
Featured News
Add VAN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online