"From a financial perspective, Vango remains well funded to pursue its exploration and development activities, and is committed to the prudent capital management of your Company. The board has worked extremely hard throughout the year to secure requisite funding for the Company, and I would like to acknowledge its achievements on this front in what has been a challenging funding environment. Your board is committed to ensuring Vango’s ongoing funding. "
Without knowing all the details, it appears that the funding situation has improved since concerns were raised a month or two ago. Hopefully more specific information will soon be forthcoming.
VAN Price at posting:
4.0¢ Sentiment: Buy Disclosure: Held
