VMM 4.00% 91.0¢ viridis mining and minerals limited

yes I think you are on the money with first mover advantage. MEI...

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    yes I think you are on the money with first mover advantage. MEI also have a huge war chest of cash so no chance of a CR in the next 1-2 years which will help somewhat.

    when the scoping studies are both released, both by highly reputable engineering houses, that will be VMM’s best chance of closing the gap - if their study can stand toe to toe with MEI of course.
 
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