Just read that building a rare earth refinery has grown by 50%...

Just read that building a rare earth refinery has grown by 50% (todays price).
So instead of building for around one Billion dollars, it will now cost nearly
two Billion (todays price).

VMS is scratching for a mini parcel of cash just to drill some holes.

It will take at least ten-fifteen years to reach production, forgetting the hundred
million dollars in costs, even before building the refinery.

Don't believe me, check out all the ASX rare earth projects to see their timelines.
And their management teams are workers, VMS mismanagement team is not.

This is never going to happen.

hoaxthenerd2
With the new high price for iron ore, when do you think mismanagement will start producing ?
Of course they don't hold the tenements, they let them "lapse".

THAT TELLS YOU OF THEIR COMPLETE INCOMPETENCE.
Now read the latest share price for VMS's latest trend... down.