VRL verity resources limited

Ann: Drill Campaign Commenced at Monument Gold Project, page-47

  1. 14,696 Posts.
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    Wow FML are up 82% after the news. That is massive - $250M. Are VRL next on the acquisition table?

    The Global Mineral Resource is inclusive of a historical JORC 2004 estimate of 4.8Mt at 1.6g/t equating to 240koz contained gold reported by Focus.

    Our Monument Gold Project has an MRE 3.2Mt @ 1.4g/t Au MRE for 154koz Au.

    Therefore, we are not far off! Imagine a $180-$200M offer coming our way, 20 x our current market cap alone.
    Last edited by coto: 26/05/25
 
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