PINL:VLTAF - Post by User
Comment by
VentureTrader1on Jan 10, 2013 10:23am
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Post# 20819827
RE: nr
RE: nr Wow, this created quite a stir in the VTR market. Confirmation of probably a 50% reduction in initial capex, 10% increate in resource, in the higher probablity categories, and the market ignores it completely. The only way to make money on VTR is going to be to wait until they start producing, and then they'll make so much cash the dividends will be higher than the share price.
At least this mitigates the risk of not being able to fund, even if the market doesn't care. $300 million should be a lot easier to do than $600 million.