MOU's are never really alive, and realistically, unless there is a mining permit, a social license and a well de-risked project, it will be extremely difficult to attract anyone to fund this, especially for a $14m Company who wants to mine Vanadium.
I've said this before, the economics of mining V don't really stack up. There are existing and operational V mines which are bleeding money.
Burton will keep SRN on life support, doing CR after CR, pumping out a MOU here and there so he has somewhere to go during the weekdays.
MOU's are never really alive, and realistically, unless there is...
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.91M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $2.449K | 410.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 15993481 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 7788101 | 4 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| SRN (ASX) Chart |