VGM victorian gold mines nl
Add to My Watchlist 1.90% ! 53.5¢

230-320mt @17-20% phosphate,7m mc,go figure!

  1. treasurehunter
    12,503 Posts.
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    22/09/10
    16:15
    Post #: 7229986
    VGM/VGMO - phosphate
    28m shares undiluted, 14m escrowed, 14m tradeable (also 20m options & 28m partially paid)

    at 25c, undiluted MC is 7m. Cash around 1.3m

    230 - 320 million tonnes @ 17% to 20% P205

    planning production 2013

    Initial production of 1.5 mtpa of +32% P205 (+70% BPL) phosphate rock

    Phosphate shares getting interest lately, ie RUM etc

    DD complete by the end of the month
    VGM Price at posting: 25.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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