VML 16.7% 0.3¢ vital metals limited

Ann: Trading Halt, page-26

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  1. 225 Posts.
    lightbulb Created with Sketch. 149
    "Strategic Review" generally means a change in ownership either via divestment or merger if its a standalone asset. The question is can you separate the plant from the mining and still have a profitable business?

    Another interpretation could be changing the size of the plant and maybe bringing forward scaled size - given all the visits by Canadian PM and US President to Canada maybe there has been some movement here. This may require a CR.

    I guess all my speculation is BS and just need to wait until it comes out.


 
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