VML 50.0% 0.3¢ vital metals limited

Ann: TGN: Watershed Acquisition Terms Agreed, page-96

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  1. 2,538 Posts.
    lightbulb Created with Sketch. 1164
    This is a pathetic sell-out and looks like we've been sold up the river at a low ball price
    not even a smelter royalty
    or a performance bonus on Tungsten produced

    The company has demonstrated that it is scared of opening a mine
    Doubt whether they would have the metal to run one in a more difficult environment.

    What is worse however is how the company has promoted this as a near term prospect and at no stage sad it was considering it as a divestment.
    This has been misleading IMO.
 
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