VKA 8.33% 1.1¢ viking mines limited

busy elsewhere but just saw someone trying to push down and...

  1. 4,793 Posts.
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    busy elsewhere but just saw someone trying to push down and break 3.5c support....

    given how VKA FA and current in process of hunting/reviewing projects, a Brownfield in some words, or a decent/advanced large scale resource projects, i have No doubt the MC of VKA will be revalued with the Value of the Projects, so there should be a big catch up...

    one more thing is there always several instalments payments with some transcripts or without depend upon the Negotiations upon acquire a projects so for example:

    even if the Total payments would be $5m given the size and stages of developments of the acquisitions, there normally be a first payments, let say $1m, maximum $2m imo, and another $1m at 2 year, and the rest can be paid as Royalty when this project going into Productions...

    so you guys got what i mean as per How and what GTT boys going to do?

    they wanna make a Killing about their $1m so why the sell and panic? i can only think someone either tired so wanna have a go elsewhere or hoping to create panic so they can buy back lower, oh well, DYOR guys...
 
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