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.
- Forums
- ASX - By Stock
- Cost USD39M cash amd shares, over time, for 70%
So the deal values the VEC 70% of the project, assuming the...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VEC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online