I have sold all my interest in VMS when Meteoric came out with a sub-standard study. My view is that Meteoric was supposed to be the sector leader and it has come up short and that will make the market sentiment weak.
As for Jupiter, my thoughts are the same, they are the only one in the market that can easily dig a great big hole. The REE market will be around but I think the market sentiment is against it. Personally, the current Board will not be able to Fund it.
They are getting rid of the only asset that have a future and that is Mt Lindsay. Jupiter currently is not the future as the market is against it. It is hard to raise money against the tide.
The directors doing what they are doing now is 150% clear that they want the shell more than the project.
For those who don't believe, watch the space.
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Price($) | Vol. | No. |
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