many other REO project both hard rock and ionic worth multiples of our market cap and yet still aren't profitable at todays prices.
VMM imho is profitable even at the current REO price. The same price which has Lynas (supplying a huge percentage of current global REO) making a loss.
Might be stagnant now but certainly one of the better REO stocks to back for the long term imo. Always prefer to be at the lower end of the cost curve.
SF2TH
Ann: 80% Average Ionic Recoveries from First Colossus Hole, page-83
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 (20min delay)
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Last
$1.65 |
Change
0.065(4.10%) |
Mkt cap ! $105.1M | |||
| Open | High | Low | Value | Volume |
| $1.62 | $1.72 | $1.62 | $853.3K | 512.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11384 | $1.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.65 | 1760 | 1 |
View Market Depth
| Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
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Last
$1.66 |
Change
0.065 ( 4.42 %) |
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| Open | High | Low | Volume | ||
| $1.64 | $1.71 | $1.62 | 132998 | ||
| Last updated 15.48pm 13/05/2024 ? | |||||
| VMM (ASX) Chart |