VML 33.3% 0.2¢ vital metals limited

Ann: TGN: Watershed Acquisition Terms Agreed, page-158

  1. 2,580 Posts.
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    Very poor outcome for VML when TGN had raised around $20 m on the 16 April
    and
    Funds raised by the Placement will be used to advance development activities at the Company’s MtMulgine Tungsten Project, in particular to advance (fast track) studies related to large scale mining and processing operations at Mt Mulgine, acquisitions and for general working capital purposes.

    On the 02 May. TGN are buying the Watershed for 15m and there share price heads north , VML ,head south, valuing all there other projects and cash at Jack.

    Work that out!

    Something has to give
 
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