I am happy to live with that @vmp I chose this stock as one of my medium size investments on the strength of the board and management and their skin in the game and their capacity to identify high reward exploration projects.
IMO they will continue with their steady progress on Youanmi gold and vanadium, and hopefully the Degrussa North Copper project which is not mentioned amoung the several other projects on their website - so Degrussa was a real left fielder for me.
Right now, I think the market is teetering at a top which we might eventually call an accumulation phase before resumption of the bull run (Could it be led globally by ASX and TSX resource explorers implementing the next round of production?)
So it is cash preservation and careful planning for the exploitation phase when we see the way 2019 will pan out.
Having chosen VMC, and because I believe in the bull run (with some trepidation) and because capital will then not be difficult to find for good gold and for V with opex below $5.00, I plan to hold.
Hope I am right, and we get a good flow of positive news - but I may be wrong !!!
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Last
8.1¢ |
Change
0.002(2.53%) |
Mkt cap ! $11.76M |
Open | High | Low | Value | Volume |
8.0¢ | 8.1¢ | 8.0¢ | $13.10K | 163.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 18070 | 8.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.8¢ | 4000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 42499 | 0.063 |
1 | 16125 | 0.062 |
1 | 100000 | 0.055 |
1 | 5000 | 0.052 |
1 | 24414 | 0.041 |
Price($) | Vol. | No. |
---|---|---|
0.065 | 41564 | 2 |
0.080 | 97302 | 2 |
0.095 | 23156 | 1 |
0.098 | 4000 | 1 |
0.125 | 101000 | 2 |
Last trade - 13.42pm 15/11/2024 (20 minute delay) ? |
VMC (ASX) Chart |