VML 14.3% 0.3¢ vital metals limited

Ann: REEtec Increases Offtake of Vital's REO by 50%, page-23

  1. 85 Posts.
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    I acknowledge that and according to the 5 October announcement VML has the capacity to further double production, but that it would seem to require the purchase of at (least an) additional leaching vessel, which is the most capital cost expensive piece of equipment in the plant. I'm pleased, but I don't want us to be the farmer that sells his beans to the canner before they come out of the ground in order to fund their sowing on the eve of WW1.

    At the very least, expansion would require a cap raise.

    And before some flop calls me a downramper, its just DD.
    Last edited by CATscan: 18/10/21
 
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