VML 20.0% 0.2¢ vital metals limited

It's easy to lose sight of the company's rapid...

  1. 924 Posts.
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    It's easy to lose sight of the company's rapid progress and potential amidst the current emotive contagion in the macro environment.

    Site establishment works are scheduled to commence in March. And, to quote the latest announcement:
    "The company is moving very quickly, and we expect to release an updated Resource incorporating these results before the end of March 2020." It's going to be interesting to see how much the current JORC resource of 94.7MT TREO increases...

    It wouldn't surprise me if a binding off-take agreement with a refiner(s) is subsequently announced shortly afterwards (refer the 23 Jan announcement) given that they've already been negotiating terms for supply with several global parties.

    DYOR, GLTAH
 
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