Something I noticed earlier this week. One of the investment committee members from Lowell Resources Fund Management (Richard Morrow) has been engaging with Vertex posts in LinkedIn.
I could be looking too far into this, but with MC where it is at the moment, many eyes will be on the ramp up and the ability to demonstrate this could see new money enter the register, if it hasn't already. If anyone has a T40 register, that would be helpful to cross check any movement.
I also did notice that @BaltasarG shared the post above where the write up mentioned that ramp up would be from 1,000 - 2,000oz a month by the end of the year (and higher beyond that). I am not sure where the author got this information from, as I have never heard RJ mention this publicly. Perhaps someone else has?
With the first stope due to put 2,000oz through the plant, and with the ore sorter working above expectations, perhaps that comment, if accurate, is conservative. Bring on Q3.
Cheers, PS
VTX Price at posting:
27.0¢ Sentiment: Buy Disclosure: Held
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