History is everything. History is the rear view mirror.
VXR history is a smeared mirror and it’s future at the moment is opaque windscreen. Let’s wait for the DFS, environmental approval, financial approvals and offtake agreements to be finalised before we hail this “performance” driven board. And don’t forget the famous time and cost overruns.
Cost overruns are the reason NST has had to specifically bankroll the DFS. Long termers aren’t through the woods yet - by a long shot. I’d like to see the sp rise to reduce long term losses though.
VXR Price at posting:
18.5¢ Sentiment: None Disclosure: Held