Post by
Buoyohbuoy on Jul 16, 2020 8:21am
Anybody else don't care
Anything about the mining aspect here? The only reason I am here is if VRB goes public and we get our 17%. The mining is a side show and is just a time waster for Barker , its his version of bingo and shuffleboard.
Comment by
Buoyohbuoy on Jul 16, 2020 8:36am
Again.. Why dies SRI website say that we only own 9.8 % of VRB it was 17 wtf is going on.
Comment by
Nergy on Jul 16, 2020 3:23pm
Yes they were holding almost 18% early 2019 but have been diluted since then. Don't know the background, but maybe was it to expansive to participate in the financing. They participated in the financing 2017 to retain their 18% share. I Think it was mentioned in a M&D but don't remember what quarter.
Comment by
Buoyohbuoy on Jul 16, 2020 3:31pm
Missed it but thats enough for me, getting out ,nothing but dusters and failed dreams
Comment by
Nergy on Jul 18, 2020 6:41pm
It's not easy to put a value on the VRB business, will it be valued at 50 MCAD or 300 MCAD when they go public? 10% of 300 MCAD seems pretty decent for a company with a MCAP of 6 MCAD. While we're waiting let's hope Harry knew what he was doing.....
Comment by
Buoyohbuoy on Jul 19, 2020 12:39am
No idea what this means. Next time Vrb needs money what then?