VEC 0.00% 1.2¢ vector resources limited

TDG - "nearology" might have worked 12 months ago but just...

  1. 46 Posts.
    TDG - "nearology" might have worked 12 months ago but just doesn't cut it now. Vector needs something that is near-term production, not greenfields in the middle of nowhere with no nearby infrastructure. They can't very well put the iron on the back of donkeys travelling the stock route and hope it gets to halls creek. You're suggesting we wait a few years for majors to become "active" in the area, a proposition that is about as likely as the second coming. At the cash burn rate these directors will run out of cash in two years, will then issue a pile more stock and options at 2c and no one will ever see any real returns on their investment, waiting for pie in the sky "activity" in the area is ludricrous and will only guarantee that the stock price will never go anywhere, ever.
 
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