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Where to Now?

  1. MineralMaster
    1,685 Posts.
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    09/10/18
    17:44
    Post #: 36055853
    Im expecting another cap raise. Cash at bank at June was $2.2m and estimated $1.4m expected outflows for the Sept Qtr leaves about $800k. I think they will need to the equity raise in addition to debt raising
    VRC Price at posting: 2.0¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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  3. bruce13
    1,669 Posts.
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    09/10/18
    20:32
    Post #: 36058002

    Thanks, Mineral Master.


    So, Pattersons will again get their discounted shares, and it will be interesting to see what price the cap raising will be at???

    Confirms my plans to hold off on buying any more VRC shares for a while yet, unless other news comes to hand.

    The waiting game continues .......! 

    VRC Price at posting: 2.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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