VML vital metals limited

Ann: Proposed issue of Securities - VML, page-8

  1. 741 Posts.
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    Dont think management had much of a choice... last quarterly indicated just over a million left and no offtake.... if it goes to zero thats administration. Alternatively could have got an unfavourable loan from sharks that often include added hooks...

    so not really negotiating from a position of strength.
 
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