VMM 1.05% 48.0¢ viridis mining and minerals limited

Ann: Colossus Cupim South Step-Out Drilling Yields Best Results, page-14

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  1. 10,506 Posts.
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    Vmm needs to be methodical. It’s about getting the best prepared scoping study incorporating cupim south and expansion. The market will focus on the lom at which grade and the profit. The capex and resulting Nov is critical in valuing this project.
    so vmm’s goals are laid out to achieve -
    1. discover as much high grade pockets and expand drilling at this pickets.
    2. pursue the met results they achieved and gain materially significant improvements - opex
    3. Find ways to improve the capex as ultimately the above needs to prove a strong Npv.



 
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