Little has changed since last year. Management hasn’t altered...

Little has changed since last year. Management hasn’t altered their approach.

In the first 6 months of 22,all management has done is hire someone else to do the feasibility with no subsequent updates at all. In the second half, all we had is some EM’s done at GGN & Kulin. That is a poor effort for 10 months of a year.

There has only been 4 asx announcements this year of new things VMS has done.
1. Drilling into known mineralisation at Lindsay
2. Appointment of feasibility guy, drilling finished Feb
3. A few EM’s
4. REE ‘discovery’

The rest was for Chalice or rehashed stuff.

For an expensive management team, this is extremely worrying. Poor communication has continued as well as the execution of strategy. They simply are not up to the job.

Something must be done.