Volt Resources (ASX: VRC)

 
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Volt Resources (ASX:VRC) has the largest graphite resource in Tanzania by weight.

That is no mean feat when you consider it is right down the road from one of Tanzania’s graphite poster boys, the $337 million capped (fully diluted) Magnis Resources.

Regular readers would have been following VRC for a while now – since we started covering the stock, it has been up over 630%.

The past performance of these products are not and should not be taken as an indication of future performance. Caution should be exercised in assessing past performance. These products, like all other financial products, are subject to market forces and unpredictable events that may adversely affect future performance.

Currently capped at around $70 million, there is still significant upside potential in VRC considering how it compares with its more advanced neighbour.

VRC has a bigger resource, and a much bigger land holding to potentially expand that resource, is close to vital infrastructure and has just released excellent metallurgical floatation results.

Yet VRC is valued almost five times less than Magnis…

The information on this page should not be the only trigger for your investment decision. Click on the links below for a more in-depth and informed examination of the company. We strongly recommend you seek professional financial advice whenever making financial investment decisions.

Meanwhile none other than Eddie Sugar, who was was instrumental in bankrolling Fortescue Metal Group’s start up stage will now act as corporate advisor to VRC in North America.

Sugar has shone the spotlight on a number of ASX stocks which have grown in leaps and bounds since Sugar’s appointment – we are talking LNG, YOW, EMC, and AJX to name a few.

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