VKA 8.33% 1.1¢ viking mines limited

hi VKA fellows i dont know who you guys replied to and i assume...

  1. 4,793 Posts.
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    hi VKA fellows

    i dont know who you guys replied to and i assume Must be someone who i put on ignore....

    by reading your guys reply, i am assuming that whoever might clawing the last Quarterly as per the remaining $3m dollars has not received yet to stir the fear here...

    imo, VKA is in the process of communicating with the parties so a announcement will be made as per extension of payment dates or Money has been received...

    moreover, before anyone panic and getting paranoid and irrational, can you guys check VKA cash flow quarter? the expense was $300k, so by end of March, VKA cash balance still quite healthy by holding $3.27m which several times more than many ASX juniors hopeful...

    given the substantial size and advanced project VKA going to vend in, the lower the sp got Played, the more dollars can be made when any sniff out of acquisition....so those who sold out wanna sp goes lower so they can get back, then it is your decision to transfer your dollars to them or you make a killing...

    the all time high is 5.2c and someone played it to 3.5c and most importantly, really low volumes accompanied so it means not many willing to sell at these level, so there gonna be someone sold on floor and got kick out...

    ps: anyone knew Main land China was in a Festival mode since beginning of Feb every year and Chinese Central bank made tough regulations pre Chinese Luner year and many Chinese state governments offices closed during this periods, so it might be one reason for the delay coz i am assuming the party which bought project from VKA need to transfer $3m USA dollars from Mainland China Banks and it will need time to get Approved....

    anyway, VKA has sufficient funds on hand even it has not receive the final payments yet and GTT put in big dollars in and VKA have been hunting decent Large scale projects and at $11.6m MC, still bagger or 2 at least to be made from here when you guys care to check those $20/30/40m MC juniors with acquisitions completed but had not even has the same Cash on hands as VKA does($3.27m at end of March 2018)

    i follow big skin in the game and also Previous records, so GTT both fits...so why the worry for some here??

    sp can be played but those who played it have No any power to manipulate whats happen behind the door so GTT won't care the sp plays but care the big appreciation of their $1m+real dollars....

    please DYOR..
    Last edited by xindongzuitaohua: 26/02/18
 
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