spot on - that is why the market downgraded Vmm post Mei scoping...

spot on - that is why the market downgraded Vmm post Mei scoping study and Vmm mre. As a basic standard , at these prices the lom ss was a Nov of 16 mil. Now we know the 4500 ppm higher mreo is profitable. So on top of ongoing metallurgical results to refine the opex, the most important is not the overall tonnage but at least the 4500 ppm feed at 26 percent mre feed - this would require exploration to focus on the ultra high grade zones at different regions like tamayo , cupim south etc. it is why my thought immediately went to a merger between Vmm and Mei which will give an immediate increase in these ultra high grade zones that make these exceptionally valuable. The key is to establish a lom at 5 mtpa over 20 years. This then becomes a superpit with any improvement in opex and capex directly increasing value.