VMM 0.00% 60.0¢ viridis mining and minerals limited

Ann: Acquisition Potential Tier One Ionic Clay Rare Earth Project, page-33

  1. 5,971 Posts.
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    $30m is a lot imho, also the grade on the initial holes is lower than MEI's high grade core(although could improve with depth no guarantee)- i think MEI has the better ground. MEI's main thesis is the high grade core 4000-5000ppm+ thats where it gets economic and nearly all the valuation for MEI is in the higher grade core 4000-5000ppm+ hits it is getting. unless this gets a bit higher grade hits, it'll struggle imho.
    Last edited by cobrakai1984: 01/08/23
 
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