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This is very simplistic but here is a quick comparison with FMS,...

  1. slappi
    3,091 Posts.
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    08/07/08
    18:24
    Post #: 3964738
    This is very simplistic but here is a quick comparison with FMS, who have just started to drill. VEC plan to drill shortly too.

    FMS hope to prove up 325-390Mt
    VEC hope to prove up ?Mt over 20km strike

    FMS fully diluted MC @ 16c = $240 million
    VEC fully diluted MC @ 35c = $74 million

    Hope this helps...


    VEC Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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