It's not coming online anytime soon as per page 17 (see extract below). At this stage they'll be better off spinning out SZ into a separate vehicle or outright selling it as the market is currently ascribing zero value to it. The only uplift in production in near term will now come from KOTH proposed 20% expansion.
"Mining activities are planned to restart on a development only basis for a period of 9 to 12 months, providing access to multiple mining levels and ensuring development remains appropriately ahead of stoping."
and
"Vault has commenced the next stage of the regulatory process required prior to the commencement of tailing storage facility construction, including engineering and baseline studies which are approaching finalisation. Vault expects the approvals process to the be completed over the next 18 months and under its preferred option does not intend to commence operations until approvals for the construction and operation of the STSF have been received."
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VAU
vault minerals limited
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37.0¢

Ann: Resource and Reserve Statement, page-5
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Last
37.0¢ |
Change
0.005(1.37%) |
Mkt cap ! $2.516B |
Open | High | Low | Value | Volume |
37.0¢ | 37.5¢ | 36.8¢ | $15.04M | 40.73M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
27 | 1003283 | 36.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
37.5¢ | 114659 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
20 | 843565 | 0.365 |
23 | 818913 | 0.360 |
20 | 441171 | 0.355 |
33 | 1141894 | 0.350 |
9 | 406492 | 0.345 |
Price($) | Vol. | No. |
---|---|---|
0.375 | 113449 | 7 |
0.380 | 305659 | 14 |
0.385 | 266422 | 8 |
0.390 | 97918 | 8 |
0.395 | 401818 | 15 |
Last trade - 16.11pm 01/08/2025 (20 minute delay) ? |
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REDCASTLE RESOURCES LIMITED
Ron Miller, Non-Executive Director
Ron Miller
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