VML 14.3% 0.3¢ vital metals limited

"The World’s next REO producer.", page-84

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    ASX 30/4/2020

    " As with other companies Covid 19 has caused some disruption to VMLs activities, however development activities have continued with the company remaining focussed on bringing the Nechalacho rare earth project into operation in the shortest possible timeframe. In keeping with Australian and Canadian government advice, the company has implemented remote working site activities limited to essential work. On-site rostering and work practices have been adjusted to accomodate required isolation and social distancing requirements. VML is currently reviewing work programs and resourcing requirements which will enable the development of the Nechalancho rare earth project whilst considering a variety of potential consequences of travel restrictions and requirements for isolation and social distancing."

    " As of the 31st March 2020 the company held $3.49 million in cash and cash equivalents."
 
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