111 usd. The Mei scoping study was a disaster but gave Vmm valuable insight into what they needed to focus. Often, unless a basic feasibility study is done, even if it is conceptual in nature, the realities of the economics and variances don’t come through.
Hence Vmm can target it’s exploration and Mets using Mei as a basic standard to reduce opex and capex and provide an investment grade project where even at these spot prices, there is a material value.
The speculative investor is generally willing to take risks on commodity prices. However institutions will never entertain a project that has minimum value based on current metrics. It is these investors that push a stock price and market value up and maintain that value.
- Forums
- ASX - By Stock
- Ann: Colossus Cupim South Step-Out Drilling Yields Best Results
111 usd. The Mei scoping study was a disaster but gave Vmm...
-
- There are more pages in this discussion • 120 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VMM (ASX) to my watchlist
|
|||||
Last
65.5¢ |
Change
-0.015(2.24%) |
Mkt cap ! $43.17M |
Open | High | Low | Value | Volume |
67.0¢ | 67.0¢ | 65.0¢ | $11.70K | 17.89K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 10551 | 65.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
66.0¢ | 2704 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 10551 | 0.650 |
1 | 30000 | 0.640 |
1 | 4800 | 0.625 |
2 | 21384 | 0.620 |
1 | 1000 | 0.600 |
Price($) | Vol. | No. |
---|---|---|
0.660 | 2704 | 1 |
0.670 | 1000 | 1 |
0.685 | 350 | 1 |
0.700 | 3000 | 1 |
0.710 | 10000 | 1 |
Last trade - 15.59pm 06/09/2024 (20 minute delay) ? |
Featured News
VMM (ASX) Chart |