Not long now until we find out but I cannot see the Saskatoon plant not being finished and operated. The fact the VML have kept on the staff for the duration of the 3 month review indicated they see it has value and a future! Feels like a stand-off and challenge to the 'western supply chain' to ante up if they are serious about breaking the China monopoly. Two options;
- A government grant to complete the plant is forthcoming and VML remain a miner/processor of REE's
- Saskatoon is sold off to another processor (e.g. UCore) and VML focus on further resource drilling and mining of Nechalacho/Tardiff
Other views on the outcome welcome....
Not long now until we find out but I cannot see the Saskatoon...
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.79M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $1.908K | 954.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 78 | 82778908 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 38274373 | 53 |
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| Last trade - 15.59pm 04/11/2024 (20 minute delay) ? |
| VML (ASX) Chart |