VTM 8.20% 33.0¢ victory metals limited

Ann: MAJOR INFILL AND EXPLORATION DRILL PROGRAM COMMENCED, page-22

  1. 567 Posts.
    lightbulb Created with Sketch. 295
    very fair points. Still a lot of upside here since the initial MRE was a worst-case scenario without the infilling, a contrast to typical first MRE's with a lot of very optimistic geo assumptions about continuity..

    Also the sole focus on heavy rare earths is a point of difference against peers, even MEI is very heavy in lights if you look at their mix of magnet REE. A flood of NdPr onto the market from Lynas 50% NdPr expansion, then you have other NdPr heavy potentials Yangibana, Nolans, Dubbo.. Dy and Tb meanwhile will still be in shortfall.. and that's where VTM could come into its own.

    I've been swing trading to accumulate more units, but yes always a risk of getting caught out. Will see what the news is first before deiciding what to do.

    60 minutes article and funding tease quite interesting, could be spicy sneaky.png
 
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