VML 0.00% 0.2¢ vital metals limited

Ann: Quarterly Report and Appendix 5B , page-5

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  1. 7,509 Posts.
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    CP, I don't pretend to be well versed in such studies but to me those figures don't suggest that anyone would be interested in a farm-in. So are the company just spewing hot air or is there quite some disparity between the figures you came up with and the ones the mystery party is mulling over? The other mystery to me is why VML chose to pour money into the project in the first place, when it was presumably totally uneconomic to mine at the tungsten prices of the day. Even at today's raised prices it appears to still need a bit of tweaking to become viable.
 
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