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VRM, VERDANT MINERALS LTD
nipper
post Posted: Mar 11 2019, 04:01 PM
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Posts: 5,314
Thanks: 1945


In Reply To: nipper's post @ Mar 11 2019, 09:55 AM

A sentiment captured in the RUM thread a while back:

"the chairman of RUM has been damning in his recent speech about Australia...."
QUOTE
"The year under review has been one of complexity, reflecting firstly, negative investment attitudes, and secondly positive achievements by the Company. Examining the first, the falling investor sentiments in the junior and mid tier mining and exploration sector has been accentuated by falling commodity prices, and an unacceptably high cost structure in Australia. Further, increasing red tape in Government approvals and land rights issues, in some cases involving sovereign risk, have added to the complexity. Seen in the eyes of potential overseas investors and partners, the Company management team is constantly advised by such people that Australia at the moment is simply uncompetitive. This does not mean that things will not change."




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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
nipper
post Posted: Mar 11 2019, 09:55 AM
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Posts: 5,314
Thanks: 1945


A Scheme of Arrangement ....all capital except that of Soul Patts (33%), to be acquired at 3.2c a share by some London based manager; the CD Capital Fund - a global private equity resources and mining fund

Nice premium.

- as evidenced, it's really hard for minnows to get projects off the ground. [this one, Ammaroo Phosphate]



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
nipper
post Posted: Nov 20 2017, 04:53 PM
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Posts: 5,314
Thanks: 1945


In Reply To: ShareScene.com's post @ Nov 20 2017, 03:07 PM

was RUM. just another morphing minnow



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
ShareScene.com
post Posted: Nov 20 2017, 03:07 PM
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Posts: 4,290
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Added by request:

Verdant Minerals Ltd - VRM

Regards,

ShareScene Admin

 
 



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