See Bruno has now got rid of his shares. This looks like an error in the first notice. Bodes problems for the value of our existing shares as the new directors lack alignment to the interests of existing shareholders. Given the share price offered in the defunct RI I suspect we could be lucky to get 1c per share; we shall soon see. I previously posted a really good paper
on the Uley deposit and the prior proposal (which never transpired) in 2000 (with Harbin Liumao) for a $6m refurbishment + $500,000 trial. Interesting to see that between 1986 and 1993 Uley only produced ~1000 tons of product according to Researchgate. Also that in 1993 they had problems with ore from carbonate and fresh rock zones; are these the stockpiles which VXL viewed as a means of proving the resource without mining at the start of the project?
Researchgate paper on Uley in 2000
The link SA government paper on graphite in SA shows that Uley production in 1991 was only 51 tons
![]()
- Forums
- ASX - By Stock
- Ann: Initial Director's Interest Notice
See Bruno has now got rid of his shares. This looks like an...
-
- There are more pages in this discussion • 27 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 VXL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham, CEO
James Graham
CEO
Previous Video
Next Video
SPONSORED BY The Market Online