Australia's largest stock trading and investment forum Australia's #1 stock forum

VEC

Click for more information

0.00%

1.2¢ vector resources limited

Baillieu Valuation of VEC, page-298

First 298 Last

Share
Profile

Follow
MeToo

3,857 Posts.

79

21/03/19

17:07

Post #: 37842713
Share

Originally posted by Jadis ↑

This is the part I think cfp is missing; VEC is probably closer to turning off the lights than it is "$26billion in profits", with a tight deadline looming and dilution being the only barrier.

That could very quickly change if funding is secured, so I wouldn't call it a tail spin or death spiral, but right now we're approximately 60 days away from a very serious problem, with Magna being a clear red flag.

I'm not suggesting VEC is a lost cause or that the end is nigh, but we're down a lot of SP value with a nasty potential event on the horizon. It could instantly 180 with LT finance being secured (actually secured, not just in name only with a failure to provide funds when needed), but the AK profits are far from a sure thing until finance is sorted.

Expand

I would love to know why JB left (resigned to appease whoever complained about “left”

To me it seemed odd.
“Job Done” with hindsight, doesn’t wash!

VEC Price at posting: 1.1¢ Sentiment: None Disclosure: Not Held
4 Upvote

0 Great analysis

Reply

Top Stories

Bitcoin jumps 8% to beat record on Trump vote optimism

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

RLF

Lord picks up high-grade copper play in Western Australia, with past intercepts of up to 6.62%

SI6

Nanocap Si6 Metals to kick off drilling at Monument gold project WA, chasing past hits

There are more pages in this discussion • 281 more messages in this thread...

First 298 Last

Add VEC (ASX) to my watchlist