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Baillieu Valuation of VEC, page-567

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Big Kahuna 101

3,656 Posts.

265

27/03/19

15:37

Post #: 37902525
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Originally posted by 82Punter: ↑

"Also explains how you can get two announcements in the same day, one saying raise required prior to 30 June and one saying fully funded to DFS completion which is projected to complete during the 4th quarter 2019."

I think that was because the funding that was supposed to come from FT General (not sure where it'll be from now) is to fund the company getting A-K to DFS stage, whilst the other projects require additional funding to be advanced and hence the CR prior to 30 June. At least that's my understanding of the position.

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I dont disagree with you, that is one interpretation which could very well be accurate.

My point was just to show that everything they have announced recently seems to contradict itself... which is why we have 30 different opinions on everything as nothing is black and white.

I hope they are making more sense to potential financiers.

VEC Price at posting: 1.0¢ Sentiment: Hold Disclosure: Held
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