VCN 0.00% 11.0¢ vulcan resources limited

1st announcenent not good 2nd good, page-40

  1. 366 Posts.
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    A few people deciding to sell. Well I've been buying more. Though I had previously sold some when we were in the 50's (when the price seemed to have run ahead of itself).

    I expect that the DFS extension will result in a better project, and not just a tweaked version of the existing process. Otherwise I don't think they would have decided to extend at this late stage.

    I think downside is limited now as they have a viable project, which if made better provides huge upside. Plus Kuhmo just gets better and better. If you look further ahead than just a few weeks then VCN can still be a real winner from these levels.
 
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Currently unlisted public company.

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