VML 50.0% 0.3¢ vital metals limited

Has someone done any analysis here? This seems like the first...

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    Has someone done any analysis here? This seems like the first look into the financials of the project as far as I can tell. If I'm reading this right the cash outflow for the half was 16m but they generated ore they expect to be able to make 7m off. So net 11m cash burn for the half once they ship the ore to reetec? That's a little better than I expected, but still means CR this year at some point, is that the expectation. Still need to go through the announcements since this one to see if any of them affect the cash position. My plan was to get in after next CR if the project economics are made clearer by management.
    Last edited by y0w4ll3t: 23/04/22
 
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