VMM 4.92% 58.0¢ viridis mining and minerals limited

Ann: Major Strategic Expansion of the Colossus REE Project, page-21

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  1. 5,476 Posts.
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    Not quite, a bunch of the exploration licences are not approved yet so the clock only starts when approved, so those amounts are a bit more staggered. Does set a bit of a baseline for further acquisitions I guess. Interesting, I didn't see anything re a royalty (unless I've missed something), maybe the vendor preferred more in cash over a long term royalty arrangement; everyone's desired structure may be different I suppose.
    Last edited by bsumisu: 10/11/23
 
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