VAU 0.00% 34.5¢ vault minerals limited

Ann: Landmark $125 million capital raising, page-23

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  1. 12,043 Posts.
    lightbulb Created with Sketch. 6819
    Hi Brian,
    a few more small items they will likely use the capital they raised for is the two purchase/options they initiated in Nov last year?
    Plus I guess drilling out these targets to ensure Darlot has a lot more sources of ore.

    Great Western deposit
    Cable and Mission deposits

    Although they can pay for both of them, via shares... (5day vwap). A shame they did not take up the options... when the SP was higher?
    They do have until mid April and May to actually decide.
    The deals look incredibly cheap to me, especially the Cable/Mission deal. $13 an ounce...
 
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