VML 0.00% 0.3¢ vital metals limited

Investor presentation: August 2020 :-Vital Metals Aspirational...

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    Investor presentation: August 2020 :-

    Vital Metals Aspirational Targets :
    - Commence production of Mixed RE carbonate within 18 months.
    - Maximum total construction cost for benefication (ore sorting) " and " rare earth extraction plants (carbonate) of aud $20m.
    Simple Metallurgy :
    - 35%+ initial benification via ore sorting.
    - 97% recovery into solution via hydrochloric acid with using industry standard process. (carbonate)

    Was just clarifying for myself what exactly the $20m figure was referring to, which according to above, is the " total construction costs " from now and within the next 18 months when 97% Mixed RE carbonate production begins and presumably sales.

    Meanwhile sales should have begun within this period of the 35% ore sorted material.
    I'll leave you to guess at the rest of the financing, which I believe is in safe hands.


 
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