VTM 8.20% 33.0¢ victory metals limited

"......the testwork program has also demonstrated that 58% of...

  1. 110 Posts.
    lightbulb Created with Sketch. 45
    "......the testwork program has also demonstrated that 58% of the rare earth concentration can be recovered by only processing 34.7% of the ore”
    So in terms of production basically two thirds of the ore once seperated never gets physically handled through the plant, is never treated with acid, never gets baked, never gets treated for leaching and literally could go straight back into the hole it was just dug out of
    Id love to know if the bake time, leach time and acid usage are all still relevant, with essentially less 'contaminants' you could expect all these factors to be reduced too. Theres efficiencies everywhere in this announcement.
    Can't wait for the MRE, we'll finally be able to poke our head out above the crowd and firmly announce that we aren't just another clay REE company, we have a legitimate pathway to production and we have a motivated management team to get us there
 
watchlist Created with Sketch. Add VTM (ASX) to my watchlist
(20min delay)
Last
33.0¢
Change
0.025(8.20%)
Mkt cap ! $30.61M
Open High Low Value Volume
31.0¢ 33.5¢ 30.5¢ $114.8K 354.6K

Buyers (Bids)

No. Vol. Price($)
2 17413 32.0¢
 

Sellers (Offers)

Price($) Vol. No.
33.0¢ 8140 1
View Market Depth
Last trade - 16.10pm 25/06/2024 (20 minute delay) ?
VTM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.