Yep 10 cents is not unrealistic with a bit more water under the bridge. That would give us roughly a $300 million market cap.
In the mean time we have about $8 million in cash with around $85 million market cap. At our pre-production state, that seems reasonable.
With the first Offtake arrangement in the bag, a spike to 5 cents ($150 MC) could be on the cards, but that really depends on if the DT's go silly or not.
We will need a bit more cash down the track but at this stage the boys are doing well.
VML Price at posting:
3.2¢ Sentiment: Buy Disclosure: Held
