Hello. Note: bauxite is a surface feature of these clay deposits therefore in itself appears OK. However, for me, the price of the acquisition is too cheap. Against my better judgment I bought some shares. VMM do not need all of the ground but they do need the ground near the existing excellent results (in red). I think VMM may already have 50 million tonnes in the already drilled small part of Cupim South therefore they do not need much of the new ground to double or triple high quality tonnage.
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Open | High | Low | Value | Volume |
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---|---|---|
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1 | 20000 | 0.565 |
2 | 8454 | 0.550 |
3 | 7200 | 0.500 |
1 | 2000 | 0.480 |
Price($) | Vol. | No. |
---|---|---|
0.600 | 24000 | 2 |
0.690 | 3288 | 1 |
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