VKA 11.1% 1.0¢ viking mines limited

background in of the U$10M buyer, page-2

  1. 3,646 Posts.
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    As I announced first LOL:

    My comments:
    • As the real buyer's MC is AUD$900Million,
    • as they already paid nearly USD$2million, (non refundable)
    • as gold price is so strong,
    • as Akoase Gold project is an advanced project
    • as no one would like to lose USD$2 million, which is nearly 1/3 of the rest USD$6m for 100% of the project.
    after checking the buyer's background, I concluded: Now I AM 100% SURE THAT THE DEAL WILL GO AHEAD, AND VKA WILL RECEIVE THE REMAINING USD$6M WHICH IS AUD$8.5 MILLION.

    now, the buyer's MC is still AUD$900m+, plenty cash and cash flow, I believe extra USD$2 million which is another 1c per share will be received in future as well.

    the company also announced they are seeking "NEAR TERM PRODUCTION" project,with more cash on hand, better project it is, and the coal..... the new drilling for the promising The West Star/Blue River project

    It is located adjacent the two million ounce Nzema gold mine at the southwestern end of the Ashanti Gold Belt. 16m at 7g/t just 1km away!

    AKYEM 8.7Moz project just 10km away!

 
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2 726035 0.9¢
 

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Price($) Vol. No.
1.0¢ 330541 2
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