TSXV:VRB - Post Discussion
Post by
Visthefuture on Nov 04, 2024 10:02pm
What does the future hold?
It’s encouraging to see the share price holding steady, showing resilience even amid recent challenges. For long-time investors, this stability could be a positive sign, especially following multiple reverse stock splits that, while necessary to consolidate shares, can impact shareholder value. With ongoing costs like claim maintenance and operational facilities, the capital strategy and allocation will be crucial to look at in the coming months. An obvious strong indicator of growth would be demonstrating revenue or market demand with new customer agreements for its electrolyte production facility.
Looking ahead, the use of capital, prioritizing growth-oriented projects over simply maintaining existing operations will probably be key to long-term sustainability. Transparent communication around plans and clear progress metrics would go far to boost shareholder confidence. With focus on building partnerships and securing revenue streams, this can reinforce financial stability and start creating tangible value for new investors.
Can the current elders do it? Let us hope for positive action before 2025 or there may not be much more to comment on here.
GLTA, VITF
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