VMM 3.03% 68.0¢ viridis mining and minerals limited

Ann: Major Strategic Expansion of the Colossus REE Project, page-61

  1. 8,656 Posts.
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    Don't rely on nearology, don't rely on other companies, don't rely on CR prices, don't rely on current market cap...........

    All you need to rely on is the drill bit, the core length, the grade...........all will be revealed in the assays and further drilling..........

    The you need to know the country risk, the location of the deposit(if any) to labour markets, transport and end users.

    Then you need to wait for the company to determine if it is economical

    And of course that depends on the REE prices, which depends on demand. So you need to study market supply/demand metrics.

    All pretty simple really!

    .
 
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