compare this to peers

I think the market has completely missed this

Look at other phosphate juniors. Eg
Newport mining

They are targetting just 40-50mt

Compare that to our exploration target of 230-320mt!

Now Newport's average grade is 10-14%

But VGM's is 17-22% !!

And here is the compelling bit,
Newport's market cap is $27m.

But VGM's is just $3m!

So Newport's potential is getting valued at 50c/tonne but VGM's is getting valued at just 1c/tonne!

This is insane.. our phosphate is higher grade too... So to rank fairly with Neptune, our market cap would have to be 50 TIMES what it is now, based on phosphate project alone! (i.e. not including base metals and other projects that come with the acquisition of Celamin...)