I think you are 100% correct.
It is now up to VTM to prove this to the market. The market is obviously not making the assumption this is a multi multi billion dollar resource that is economic to run.
Scoping study will be huge. That may be the catalyse vim needs to gain market respect and value. Until then ppm grade will be king and not basket value.
Ann: NORTH STANMORE INITIAL MINERAL RESOURCE ESTIMATE, page-62
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Last
36.0¢ |
Change
-0.040(10.0%) |
Mkt cap ! $36.27M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.0¢ | 35.5¢ | $113.8K | 305.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 800 | 35.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.5¢ | 2512 | 1 |
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| Last trade - 15.59pm 27/09/2024 (20 minute delay) ? |
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