VTM 0.00% 27.5¢ victory metals limited

Sitting on a good cash runway in a very tight capital market,...

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    Sitting on a good cash runway in a very tight capital market, also a respectable cash burn rate of $0.9 m/quarter compared to say AR3 at $2.7m a quarter.

    Stand out is that they have pencilled in a scoping study, is this the first scoping study from Aus REE clay peers? I don't think even AR3 are talking about any formal studies as far as I am aware. We really need to see some studies, at the moment it is very difficult to understand which ones have legs as there are so many moving parts/factors.
    https://hotcopper.com.au/data/attachments/5688/5688573-d738c5d8981a9dce8015f1f9a0e81d0f.jpg
 
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