Whilst initially the slides did not keep up with his presentation, the explanation was very precise and, most encouraging in front of his peers which is always, a tough gig.
Interestingly enough, at the end Bruce quoted the number of shares issued and at the time, the presentation showed a share price of $0.60, to which he stated that "the Market Cap is a ridiculous $50m".
If it was ridiculous at $0.60 and $50m, what does today's $35m make it? A screaming buy IMO.
With the detail of the current Deeps drilling programme on the table, I believe that it would not take much success for this to ultimately become a monster of a play. As it stands, it is still a "million tonne pa play".
VRX Price at posting:
35.8¢ Sentiment: ST Buy Disclosure: Held
