Dont expect any further updates on the plant for at least another 12 months unless they find a buyer for an intermediate product.
Geoff put the cart before the horse with the plant. There was no point in building the plant before Reetec was ready to receive the output. So Lionhead pumped the brakes on all future plant development until Reetec is ready.
Rightly so all focus at the moment is on the intial economic assessment and DFS which should hopefully lead to debt financing and full mining and plant operations within the next 2-3 years.
VML General Comments - Chat, page-7319
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Last
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Mkt cap ! $11.79M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $3.647K | 1.387M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 71 | 90614152 | 0.2¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 22533177 | 27 |
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| VML (ASX) Chart |