I agree whole heartedly Rockshell and I'm surprised that there hasn't been more comments on this latest development. Possibly the market doesn't understand the implications for the company?
The debt situation was something of a worry for many people for obvious reasons but now that problem has disappeared with minimal dilution to existing shareholders. Vango now has a healthy Balance Sheet, $2 million dollars in the bank with another $1.8 million coming from the directors themselves, 100% ownership of a big asset heading to production, the future appears brighter than ever.
Looking forward to the news of the latest drilling program! Well done to the Vango Management Team, it appears that you guys are delivering contrary to all the negative comments on HC, as they say "actions speak louder than words". I wonder what the naysayers have to say now?
VAN Price at posting:
6.7¢ Sentiment: Buy Disclosure: Held
