There is not specific pricing of the VML's RE oxide product in the takeoff agreement as it is a profit share agreement after expenses of both VML and REETEC are taken out. Yes I would agree that there is a concern around the lack of details around the financials and the split of the profits once processed. However I imagine this information wont become public as it is could hurt potential future opportunities to negotiate similar arrangements with other RE processing companies in the future.
Nechalacho project financials?, page-20
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| VML (ASX) Chart |