VML 14.3% 0.3¢ vital metals limited

Ann: Vital Completes First Blast at Nechalacho, page-37

  1. 499 Posts.
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    Fair questions above.

    Now that they are digging the Ore out of the ground and will soon have the required stockpiles for production, I think the above questions will be answered in due course. No point building an Extraction Plant and signing definitive agreements etc if you dont have anything to process

    We need news on Stage 2 acceptance by ReeTec of our Product. That is the big piece of the puzzle in the short term.

    Once that is sorted, we can sign the Final Investment Decision with ReeTec, sign the definitive agreements with SRC for the Extraction Plant, and get some traction back on the SP. SRC have been operating Extraction facilities in Saskatoon for years so that aspect of the puzzle doesn't even concern me, as long as we can get the FID with ReeTec across the line.

    If Geoff and the boys are able to achieve all the above and produce a product by the end of this year, I will be amazed, but I'm not game to back against them!
 
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