VEC 0.00% 1.2¢ vector resources limited

Cost USD39M cash amd shares, over time, for 70%

  1. 141 Posts.
    So the deal values the VEC 70% of the project, assuming the sellers are sane, at USD30m, over time . And Anglo walked away from such a "high grade' resource. The inference, given the low sale value, is that there are problems with the resource, or mining issues, recovery, etc. Care is recommended.
 
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Currently unlisted public company.

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