VML couldn't sell the product at a sustainable price. So, there is no point in mining and processing the product.
That was literally the basis of the whole strategy pivot. Move away from North T/Saskatoon and spend the time/money drilling and scoping the larger Tardiff reserve, wait for prices to recover and the downstream processing to mature, and then get lucky.
Ann: Company Presentation - Mineral Resource Update, page-3
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Last
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Mkt cap ! $23.58M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $2.715K | 764.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 69 | 33609797 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 33371142 | 86 |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
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Change
0.000 ( 16.7 %) |
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| Open | High | Low | Volume | ||
| 0.3¢ | 0.4¢ | 0.3¢ | 1430005 | ||
| Last updated 15.08pm 14/06/2024 ? | |||||
| VML (ASX) Chart |