VML 14.3% 0.3¢ vital metals limited

Ann: Commissioning Commences at Vital's Saskatoon REE Plant, page-9

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    First year targeting 470t NdPr. Times the spot price of $143k US = $67 million. Take away operating costs (unknown) then divide by 2 for profit sharing (unknown) then converted back into AUD dollars, gives a healthy sum of money for the first year to fund the ramp up.

    Pure speculation = VML to receive $25 to $30 million AUD first year.

 
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