Volt’s sweet deal

|

Published 23-MAY-2016 15:39 P.M.

|

2 minute read

Hey! Looks like you have stumbled on the section of our website where we have archived articles from our old business model.

In 2019 the original founding team returned to run Next Investors, we changed our business model to only write about stocks we carefully research and are invested in for the long term.

The below articles were written under our previous business model. We have kept these articles online here for your reference.

Our new mission is to build a high performing ASX micro cap investment portfolio and share our research, analysis and investment strategy with our readers.


Click Here to View Latest Articles

Volt Resources (ASX:VRC) has bagged the services of Edward Sugar-backed EAS Advisors to help tap investors in North America.

Sugar has a track record of investing in early-stage ASX-listed resources plays, having participated in deals worth a cumulative $US3.5 billion ($A4.8 billion) to date.

He was involved in the early stages of getting funding for Fortescue Metals Group (ASX:FMG) and also played a role in the rise of LNG Limited (ASX:LNG) as it built buzz over its Magnolia project in the US.

VRC’s graphite project in Tanzania is at a relatively early stage, but had done enough work to attract the attention of Sugar.

“Volt is at an interesting stage having achieved a great deal to date with regard to the discovery and development of its large resource,” he was quoted by VRC as saying last week.

“We believe that Volt’s Namangale project will be of strong interest to the US investment community, particularly given the strong, local investor participation in Tanzania, the well-understood shallow ore body and the location of the resource in relation to required infrastructure.”

EAS will mainly be paid in options, with it able to grab 4.2 million options when VRC’s share price hits 6c, 8c, 10c, and 12c.

The options will be exercisable at any time before April 30, 2019.

More on Volt Resources’ Namangale project

The project is one of the largest in Tanzania, with a JORC compliant inferred resource of 179 million tonnes at an average grade of 5.1% total graphitic content.

MOZ’s Tanzania operations are located close to the deep-water port of Mtwara, 140km from the Namangale Prospect.

Location of VRC's projects

Location of VRC’s projects

Sealed roads and high-voltage are available across its prospects, connecting MOZ to export routes internationally.

Mtwara Port has a capacity of 400,000 metric tonnes per year and could handle up to 750,000 metric tonnes per year with the same number of berths if additional equipment is put in place for handling containerised traffic.

The port is currently heavily underutilised, with approximately 34% of its total capacity currently in use.



General Information Only

S3 Consortium Pty Ltd (S3, ‘we’, ‘us’, ‘our’) (CAR No. 433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. 296877). The information contained in this article is general information and is for informational purposes only. Any advice is general advice only. Any advice contained in this article does not constitute personal advice and S3 has not taken into consideration your personal objectives, financial situation or needs. Please seek your own independent professional advice before making any financial investment decision. Those persons acting upon information contained in this article do so entirely at their own risk.

Conflicts of Interest Notice

S3 and its associated entities may hold investments in companies featured in its articles, including through being paid in the securities of the companies we provide commentary on. We disclose the securities held in relation to a particular company that we provide commentary on. Refer to our Disclosure Policy for information on our self-imposed trading blackouts, hold conditions and de-risking (sell conditions) which seek to mitigate against any potential conflicts of interest.

Publication Notice and Disclaimer

The information contained in this article is current as at the publication date. At the time of publishing, the information contained in this article is based on sources which are available in the public domain that we consider to be reliable, and our own analysis of those sources. The views of the author may not reflect the views of the AFSL holder. Any decision by you to purchase securities in the companies featured in this article should be done so after you have sought your own independent professional advice regarding this information and made your own inquiries as to the validity of any information in this article.

Any forward-looking statements contained in this article are not guarantees or predictions of future performance, and involve known and unknown risks, uncertainties and other factors, many of which are beyond our control, and which may cause actual results or performance of companies featured to differ materially from those expressed in the statements contained in this article. S3 cannot and does not give any assurance that the results or performance expressed or implied by any forward-looking statements contained in this article will actually occur and readers are cautioned not to put undue reliance on forward-looking statements.

This article may include references to our past investing performance. Past performance is not a reliable indicator of our future investing performance.

 

Discover Small Cap
Biotech Stocks

Join thousands of other Investors following our stock commentary for Free

X