There is not specific pricing of the VML's RE oxide product in...

First 20 Last

Share
Profile

Follow
DrJamison

27 Posts.

5

01/03/21

11:21

Post #: 51413301
Share

Originally posted by marcus A: ↑

Hi exchanger,

The origional Avalon JORC resource assessment for North T was updated by VML and released on 15th April 2020 (101kT @ 9.01% LREO, .5% PR6O11 & 1.6% ND2O3), but that only provides one piece of the puzzle;

What is the current basket value of the North T REO's?, what is the composition and priceing of VML's RE oxide product in the takeoff agreement?, Capex is given as $20m but what is the Opex?, ect, ect, ect. With out knowing any of this detail how can you project cashflows and therefore profitability or IRR's? In my opinion without such detail you are flying blind in making an investment decision, and I prefer to have some idea of where I'm headed when I invest.

Maybe it's a punt on superior management skills over details, but you know the old saying; rooster one day, feather duster the next... DYOR & GLTAH!!!

Expand

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.

VML Price at posting: 5.8¢ Sentiment: None Disclosure: Not Held
11 Upvote

0 Great analysis

Reply