VML 0.00% 0.3¢ vital metals limited

Ann: Quarterly Activities and Cash Flow Report, page-31

  1. 172 Posts.
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    The value is keeping the plant and mine together (that's a no brainer, can't have one without the other).
    There a lot of dynamics going on here. The board fighting with management, the sacking of the CEO.
    Changing of direction from a explorer to miner and back to explorer!..what midstream.
    A dir retires and start accumulating stock.Did sell his Patriot stock.
    Word on the street is that anybody, who is the who of rare earths has been approached from Perth
    to the Americas, and maybe REEtec (after all there is a contract with Reetec )

    So who could be a partner :
    Lynas as their reserves aren't great anymore ,they did have a takeover bid from Westfarmers
    Unicore ( hasnt got any money)
    Reeetec
    Westfarmers but this is too small for them.
    Raydia
    Arafura

    The problem is that the board controls like 35% of the stock. Who have no operations experience.
    A bottle of your chateau lafite rothschild "74" and Glory To Hanuman.
 
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