VYS 2.00% 49.0¢ vysarn limited

any one know reason for sudden interest ?, page-22

  1. 3,850 Posts.
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    Dott

    I haven't emailed IE but if curiosity gets the better of you he has given you an open invitation. I commend him on that

    Look at it this way

    Alcoa is paying $300 per tonne of material processed.

    AGM presentation suggests MHM have received expressions of interest from 2 facilities with a combined capacity of 400000 tpa. America alone produces 1MT pa. Let alone the rest of the world.

    Plenty of companies piss up funds on drill campaigns that prove fruitless or can take up to several years to generate an income and still have a higher Market Cap than MHM.

    MHM have spent $5M Dollars to prove a process and at the end of the day if unsuccessful they still have a $3M property to show for it and a processing contract for 6 Months with Sims.

    All this plus other mine tenements and potential of a silica smelter and offtake agreement.

    If successful the sky is the limit they say.

    All public information to draw your own conclusions

    Cheers
 
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