VML 0.00% 0.4¢ vital metals limited

Watershed is just a so called asset for accounting and loan...

  1. 921 Posts.
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    Watershed is just a so called asset for accounting and loan purposes - if it gets revalud and they borrow more cash on it - vml will implode when the mineral price drops - hows gold drilling ? Does the ceo have anything to say in regards to faso burko being a non -viable mine based on the lank of depth on gold found ??? If watershed is so world class sell it for 100 million ( how come no-one wants it or has made an offer ) sell it to that indian billionare that brought that steel mine or the Japs - this has been a huge stuff up we took a punt and did our arses - the golds not a viable project and management are to simple to take advantave off the high tungsten price and at least try to sell it
 
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