VRC 25.0% 0.5¢ volt resources limited

What an earth are you talking about? VRC will be broke at the...

  1. 223 Posts.
    What an earth are you talking about? VRC will be broke at the end of the month without a CR and they only have one "binding" deal for 1,000 tonnes. VRC is not "smart" or a "leader", it's a train wreck.

    And Volt will not be producing in Q3, they are hoping to send a bulk sample to the new MOU group for testing. This is a product marketing exercise and VRC has no money to pay for any of it and no guarantee it will end up in a binding deal.

    GPX, MNS, WKT, KNL, BAT, even TON are miles ahead of Volt on product testing. And that's just a few of the ASX ones, there are also a number of much better TSX graphite companies.

    And have you seen where graphite prices have fallen? VRC's product is in the $600-$1,000 per tonne range. The economics will be very marginal for Volt.
 
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