GREY:VAALF - Post by User
Post by
NORSASKon Feb 09, 2008 10:11am
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Post# 14344038
Updated Feb2008 Investor Presentation
Updated Feb2008 Investor PresentationHere is a link to the latest Feb2008 Investor Presentation.
It's 29 pages; a friendly reminder of the significant potential with VAA working so many properties at once.
https://www.vaaldiam.com/investors/pdf/investor-presentation.pdf
Besides the overview details on the all the projects, there were a few Info Bullets from Presentation that likely have been heard before, but they certainly bear repeating:
-Self-Funded Exploration : Cash flow from production reinvested
in kimberlite exploration
- Controlling shareholder owns 42.9 million shares
- Operations in low-cost jurisdictions with favorable operating climate
- Liquid diamond producer; attractive to a
broader group of international institutions
and potential acquisition candidates
- Peter Marrone, is the Chairman of VAA, also the C.E.O. & Chairman of Yamana Gold Inc., South America’s fastest growing
gold producer with a market capitalization of $5 billion
- Current Cash on hand $9 million & NO Debts
Cash flow from Operations is projected to reach:
2007 : $ 2.5 million (based on actual 2007 production)
2008 : $ 9.3 million (based on current production levels)
2009 : $ 16.5 million (projected based commencement of production at Braúna)
2010 : $ 20.6 million (projected with full production at Braúna)
I'm also greatly intrigued by the Candle Lake 2007 mini bulk sample results. I'm guessing after March 7th when the final shares are acquired, news should come out after that.