Yes good week I think the marketing update was outstanding. Michael Lew and Stephen Hunt have been flat out with discussions with 20 western off take groups and working to complete existing Chinese MOU off take agreements. The off take deals will be the key to the short term re rate IMO.We now have the highly experienced mining CEO to take this into production in Trevor Matthews, what a great achievement that was to get him on board.
I don't want to really spend to much time talking about MNS but can I suggest that the posters on here from MNS (worried about Volt) might want to put their energy into asking Frank how they missed deadline after dead line. There was a video posted over Christmas where Chairman Frank said in a public interview they would be in production by 2016, whoops, then missed again and again and again on off take promises. Here we are 2017 and still nothing.
Volt is in great shape NPV of $1.3 bn that can only go higher in the DFS, best positioned infrastructure in the market and commercial discussions going on with 20 + end user groups : )
The tide is tuning Volters a very exciting 2107 on the way.
GLTA
JM
VRC Price at posting:
5.9¢ Sentiment: Buy Disclosure: Held
