If I recall correctly, Vlad's company was funding SRN for a while, at double digit interest.
Did SRN pay back the loan/interest through the most recent 0.009 cap raise?
This type of funding arrangement may keep the boat afloat. But to what end? More vanadium?
Even during the massive boom in V2O5 price, not a single Vanadium spec stock moved to the upside, including SRN.
Is it worth going down the Vanadium road again? Probably not.
Perhaps a deeper exploration of GOLD like neighbours RXL and SPX may be a possibility.
It might be hard to get funding moving forward.
This is a tough one for Vlad and Co.
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38 | 23011369 | 0.005 |
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