VTM

1.52%

32.5¢ victory metals limited

If we just multiply the 130,000 tons of TREO, by the updated...

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slipperymack

1,586 Posts.

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13/02/24

20:38

Post #: 72390085
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Originally posted by adrian108: ↑

It's true VTM coulda shoulda woulda presented the facts in a more digestible way to the public but they are treading in new waters with them being a heavy rare earth metals discovery.

So more in-depth thinking and rationale must be used.

Using the same old ways of merely looking at PPM and summarizing them to be weak, a failure or a huge letdown is not wise, in the least, it's dead wrong and you're totally missing the point here!

yeah ok 500 sucks in comparison to companies that have $1-3$ kg metals not heavy concentration of $1000 range, ballpark rough figures here but you get the drift in regards to overall value and pricing

So in theory, reality they could come out at 100PPM and blow the f*ing doors off of every mine that has ever been.

I fail to see how the masses miss this so badly.

We are men, think with logic.

Basket price listed in November was $88 a ton, let's cut that in half to satisfy the ppm crybabies and multiply that by the 250 MT and we are at 11 billion dollars worth of metals in this first tiny portion of the find.

And your reaction is to doubt and question?

ASX has a problem with basket price info being claimed and they made vtm pull one in November.

A shame it appears asx still won't allow them to do so now, who knows? I don't.

This is simple math and it seems like nearly every single person in here is missing the obvious fact vtm is the biggest find in the world and yall are thinking it's useless trash failure

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If we just multiply the 130,000 tons of TREO, by the updated price of $116,000 per ton basket price in today's preso, we have an in-ground value of $15bn?? Ridiculous value based on 18% of target drilled in MRE, with recent drilling to upgrade size. Great technical results for metallurgy.

VTM Price at posting: 23.0¢ Sentiment: Buy Disclosure: Held
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Last 32.5¢		Change -0.005(1.52%)		Mkt cap ! $30.14M

Open	High	Low	Value	Volume
34.0¢	34.0¢	32.5¢	$23.21K	71.09K

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1	20000	32.5¢

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Price($)	Vol.	No.
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No.	Vol.	Price($)
1	20000	0.325
1	1500	0.320
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