1. Limited Market Presence - Verde Resources Inc has a limited market presence compared to its peers, which may limit its ability to compete effectively in the industry.
2. Lack of Diversification - The company's business model is heavily focused on the mining and exploration of gold and other precious metals, which may limit its ability to diversify its revenue streams.
3. High Operating Costs - Verde Resources Inc's operating costs are relatively high compared to its peers, which may impact its profitability and financial performance.
4. Limited Financial Resources - The company has limited financial resources compared to its peers, which may limit its ability to invest in growth opportunities and expand its operations.
5. Dependence on External Financing - Verde Resources Inc is heavily dependent on external financing to fund its operations, which may increase its financial risk and limit its ability to respond to market changes.
6. Limited Access to Technology - The company may have limited access to advanced mining technologies and equipment compared to its peers, which may impact its operational efficiency and competitiveness.
7. Limited Human Resources - Verde Resources Inc may have limited access to skilled and experienced personnel compared to its peers, which may impact its ability to execute its business strategy effectively.