VRC 0.00% 0.4¢ volt resources limited

Volt graphite min 36000 tpa to max 51000 tpa for Stage1 (indicative commitments) -Proactive investors, page-74

  1. 223 Posts.
    I think you may be getting a little ahead of yourself. The "agreements" as you describe are MOU's and subject to various hurdles including sample testwork, mining license and negotiating the legal terms of a binding offtake (if indeed it gets that far). Volt also needs to complete a scoping study and find a way to pay for all of the above.

    It's interesting that Volt felt the need to arrange these recent MOU's before announcing that the stage 1 strategy was covered. What happened to the 100ktpa that SH signed up 18 months ago? Surely that covered off the stage 1 plans. Are those MOU's no longer reliable?
 
watchlist Created with Sketch. Add VRC (ASX) to my watchlist
(20min delay)
Last
0.4¢
Change
0.000(0.00%)
Mkt cap ! $16.63M
Open High Low Value Volume
0.5¢ 0.5¢ 0.4¢ $3.068K 625.3K

Buyers (Bids)

No. Vol. Price($)
5 1479040 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 14519487 15
View Market Depth
Last trade - 14.05pm 12/09/2024 (20 minute delay) ?
VRC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.