Australia's largest stock trading and investment forum Australia's #1 stock forum

VMY

Click for more information

0.00%

19.0¢ vimy resources limited

Ann: Mulga Rock Base Metals Review, page-9

First 9 Last

Share
Profile

Follow
Zia

4,156 Posts.

284

04/02/21

11:08

Post #: 50699688
Share

Originally posted by Uranman: ↑

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.

Expand

Ah yes I stand corrected Uranman, Capex in $Au but commodity prices in $US, even better as you say.

VMY Price at posting: 8.8¢ Sentiment: Hold Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

CU6

US FDA awards Clarity Pharma's novel prostate cancer PET scan imaging compound fast track status

FL1

First Lithium hits high-grade mineralisation in all holes of diamond program in Mali

STK

Strickland Metals jumps on mammoth gold-copper-silver hit over 300m width at Serbian Rogozna Project

CC9

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

The Rising Tide: How institutional adoption is shaping the future of crypto

There are more pages in this discussion • 5 more messages in this thread...

First 9 Last

Add VMY (ASX) to my watchlist

SPONSORED BY