VMM 0.00% 60.0¢ viridis mining and minerals limited

Ann: Step-Out Drilling Intercepts up to 24,894ppm TREO, page-59

  1. 981 Posts.
    lightbulb Created with Sketch. 205
    Narrow intercepts of mediocre grades.
    The reason they didn't include the meterage for the 24k ppm is obviously because it's likely 1-2 metres or less. 1-2 metres means nothing and certainly won't add any value to the MRE.

    Think of all the dilution to come; The market knows it and unless vmm can pull a rabbit out of a hat with 20+ metres at + 10,000ppm, then the SP will continue down hill.

    And yes, it's going back to 89c and likely lower.
    DYOR
    Last edited by watchthisrise: 13/03/24
 
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