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04/02/21
11:08
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Originally posted by Uranman:
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I am with you on that one, ZIa. I think the capex reads as A$ rather than US$ though, which makes it better. It's the second bit of the announcement that stands out for me, a lot more to it than meets the eye. A lot more of those base metals than accounted for to date in the DFS. It will be interesting it different types of partners approach Vimy to fund Mulga Rock, as a result of its battery minerals angle. From memory, that base metals plant was permitted, so I wouldn't expect too many issues there. Fingers crossed, we attract a new lot of investors, interested in those battery minerals, a bit like Energy Fuels has expanded its registry with its REE exposure in the US.
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Ah yes I stand corrected Uranman, Capex in $Au but commodity prices in $US, even better as you say.