VML 0.00% 0.2¢ vital metals limited

Ann: Vital Secures C$5M Funding Facility with Prairiescan, page-33

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  1. 6,013 Posts.
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    sorry sunny, but, no chance... i hold both... in 2 years vml will hopefully be generating the $35m-$70m p.a. mark (apologies, can't remember if $35m was for 1000t or 2000t)... whereas avz is going to own something like 51%-66% of a project that is expected to be announced soon as going from 4.5mt to 10mt p.a.... with revenues of around $2.8bn p.a..... completely different revenue potential... of course, avz has much more sovereign risk... but, vml has probably a riskier industry, hence why VML are going slow and methodically to ensure it's success and no big damage to shareholder value..
 
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