MOU's are never really alive, and realistically, unless there is a mining permit, a social license and a well de-risked project, it will be extremely difficult to attract anyone to fund this, especially for a $14m Company who wants to mine Vanadium.
I've said this before, the economics of mining V don't really stack up. There are existing and operational V mines which are bleeding money.
Burton will keep SRN on life support, doing CR after CR, pumping out a MOU here and there so he has somewhere to go during the weekdays.
Deserves new thread WTF is happening?!, page-72
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0.7¢ |
Change
0.001(7.69%) |
Mkt cap ! $13.90M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.8¢ | 0.7¢ | $37.17K | 5.327M |
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| No. | Vol. | Price($) |
|---|---|---|
| 5 | 265852 | 0.7¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 8286920 | 10 |
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