GREY:VITFF - Post by User
Comment by
SunChildon Dec 07, 2019 5:19am
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Post# 30431657
RE:RE:RE:RE:Kinross raises $250 mill this week.
RE:RE:RE:RE:Kinross raises $250 mill this week.If Orion was buying us out cheaply they should have done it a few weeks ago. Orion is in business and needs to find partners in the future. Vic is high profile and Orion don't want to be perceived as screwing anyone.
At this point the biggest factor in share price is Victoria producing. The last report was cash positive at 75 percent. Since then we've got winter. It will be interesting to see how well production goes. Kinross is working in colder conditions so when teething pains are over things should be good for Victoria.
SeekingAu wrote:
My "fear" is that Orion will buy the rest of us cheaply out of VIT.