VAN 3.85% 7.5¢ vango mining limited

Story with VAN, page-7

  1. 1,232 Posts.
    lightbulb Created with Sketch. 6
    You'll want to hold Rory.

    The current mgmt will be focussed on return, specifically dividends asap. This is because they have invested their OWN money as opposed to the company's money; which was a feature of the past (taking a company salary/loan only to buy ord/van shares).

    Youll not see grand statement anymore just facts.

    If the team can pull off the approach; which is to send their feedstock to a nearby processing plant then there will be quick and big divs. Its really about how long they can sustain it. On current BFS only 2yrs. They need to extend reserves to make this a LT investment again.
 
watchlist Created with Sketch. Add VAN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.