Hi guys,
Next Capital raising if needed will be more then 12 months away which will buy us valuable time.
Because with this money we can expect the DSO going into production and gives us some excellent profits.
And because we may see the Big Wilson bringing in the bacon and who knows what other suprises these guys have for us.
But we know that once we are an iron ore producer we will get re-rated by the market and Big Wilson could bring that re-rating even faster.
So all looking good for the medium to longer term , and yes I also wished that VMS had raised all the Cash it needed when we where closer to the 60 cts but that is just a dream.
Markets are tough right now and the fact that VMS has raised this money and took a Tasmanian investor on board shows that there are pleny of people our there, who think that this resource will be mined.
good luck to all
jojo
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31 | 9775654 | 0.017 |
11 | 2645000 | 0.016 |
12 | 2302032 | 0.015 |
4 | 1835800 | 0.014 |
Price($) | Vol. | No. |
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0.020 | 2352319 | 7 |
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