VML 0.00% 0.2¢ vital metals limited

Ann: Suspension from Quotation, page-33

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  1. 410 Posts.
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    You start out in your statement with positives : $18m in cash, world class deposit, & half built plant worth more than $18m. Then you go off the rails with the remark "they can surely recover some value by selling assets (hopefully this is the announcement)". Seems like many on HC believe that the extension is bad news. I believe that if it was bad news, it would have already been released. I believe it is good news because they needed more time to finalize some type of deal. What that deal is I don't know. I will speculate that it has something to do with the Canadian government. Maybe they played a hand of poker & they were bluffing. Meaning that they came out with the shutting down of the new plant to force the Canadian Government to get off their butts and put their money where their mouth is. Keep talking about critical minerals, national security, and such but not doing anything about it. Just my opinion. I guess we will see next week. GLTAH.
 
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