VML 20.0% 0.2¢ vital metals limited

News: VML Vital Metals Says Approval Granted To Commence Mining Operations At Nechalacho, page-14

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    ASX 23/01/2020

    " Following the successful testwork completed in December 2019, the company has engaged with several global offtake refiners and is negotiating terms for supply. The company will provide further updates by way of announcement when negotiations progress to a binding offtake agreement."

    Probably needs the lifting of the pandemic restrictions, allowing Vital Minerals to resume full resumption of activities, thereby giving the refiners confidence to negotiate a deal.
    Back in January Vital was proposing commencement of operations (delivery to customers) in 2020, it has now moved to mid 2021.
 
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