Ann: VTXO Options Top 20 and Distribution, page-10

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22/05/24

15:22

Post #: 73957251
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Originally posted by burner_7: ↑

Nice to see some discussion on this thread again. Tend to agree with the sentiment here that this is the cheapest gold stock on the ASX.

Near term producer, very high grade, right sized plant and an enormous amount of organic exploration upside within approved mining leases and close to surface, plus they haven't messed up the project by selling any royalties yet which seems rare these days.

I remember hearing Roger Jackson saying in an interview that they pretty much had enough data to class the Fosters exploration target as an inferred resource but decided to stick with an exploration target which bodes well for the target.

One could imagine how much gold that little plant could produce if they had two mining fronts at both Reward and Fosters with an ore sorter going, could be getting a little ahead of myself haha but things could move very quickly once they get some cash through the door so might not be too far fetched if all goes well.

I was lucky enough to get a large oversubscription filled in the SPP and have filled up on the oppies which I'm stocked about as I cant imagine this staying sub $30mill mc for long once the plant is commissioned and we're producing. Im just hoping they can pull together a great non-dilutive funding deal so they can put their foot on the gas and get things moving!

Exciting times ahead

GLTA

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The PFS is now worth 50% more than when done.

Talk about a cash machine.

VTX Price at posting: 8.9¢ Sentiment: Buy Disclosure: Held
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