VML 0.00% 0.4¢ vital metals limited

Ann: High Grade Gold Results at Bella Tondi, Visible Gold Panned, page-48

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    TGN's Mt Mulgune project has the same mine life and about twice as much Tungsten as Watershed.
    * watershed has significant potential to increase Tungsten resources.

    TGN & VML = same mine life, both projects are located in Australia. Same product.
    (Looks like CLQ vs AUZ)

    VML all approvals in place + DFS.

    Current MC is dirty cheap, considering solid FA should be valued at 50M now + gold is a bonus and looking very good.

    Watershed offtakes or MOUs seem a matter of time at current Tungsten price.

    (TGN MC 280M with a few non-binding offtakes)

    I believe VML could do this too in the near future.

    SmartSelectImage_2018-03-09-09-36-19.png


    IMO DYOR
 
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