VAU 0.00% 37.5¢ vault minerals limited

Ann: September 2023 Quarterly Activities Report, page-5

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  1. 12,105 Posts.
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    Whoa...
    what a professional report.
    So much more detail than in the past.

    AIC of $2k is the most important number for me.
    That is after including $14m of growth capex (out of a total of potential $40-46, 31-35% of FY24 budget).

    All 3 mines are humming, with efficiencies now the main focus.

    A clear debt repayment schedule too.

    The only flaw.... the lack of detail on the hedging. As we all know the average hedge price is not indicative of what they are filling in the near term.
    If they do that... and the quarterlies continue to be transparent, we finally have what looks to become a low cost, long life producer in W.A.
 
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