So major gold stocks are up today (as is RXL) and VMC moving in the other direction...??
Not sure the market is placing as much value on VMCs ever diluting position at Youanmi as perhaps investors would like - RXL MC $60 Mill vs VMC MC $26 million. At some point, VMC will need to put its hand in its pocket and pay to maintain its position in the project and RXL hasn't been shy with its own exploration over the tenure. What's that going to cost???
Despite the 'great deal' they've supposedly done with RXL on Youanmi, I'm somewhat skeptical that VMC will come out on top.
Ann: High Res Aeromag Survey Identifies Priority REE Drill Target, page-5
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Last
11.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.57M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 2160 | 1 |
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| Last trade - 16.21pm 22/07/2025 (20 minute delay) ? |
| VMC (ASX) Chart |
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