We can expect $50,160,000 in revenue per 1,000t split between Vital & REETec.
Extrapolating this figure to 5,000t and that's $250,800,000 split.
The Saskatchewan Research Council [SRC] has requested an annual supply of 500t beginning late 2022. VML is a highly likely candidate, given the proximity to the processing plant and the plants design to process both Bastnaesite[Nechalacho's rock] and Monazite. The plant is expected to then ramp up production. Full processing capacity is currently unknown, however 3,000t is a known quantity which the plant can process.
Using the same figures as above. An initial off take of 500t is $25,080,000 in revenue, prior to any fees.
Upon securing an increased off-take agreement, 3,000t is an additional $150,480,000 per year.
Kipawa, according to the Feasibility Study, is capable of the above.
$18.1m per year Mine Operating Costs (Recurring)
$48.7m per year Processing Costs (Recurring)
$175.3m per year revenue (Recurring)
That's upwards of a $108,500,000 profit per year - pending refinery costs.
Ucore, Lynas, and SRC are prime candidates.
I may have missed some, so feel free to add any others. But these are the most likely.
All up that's ~$509,800,000 per year, pending refinery costs, should Vital see full operational capacity on some or all of its projects.
Wigu Hill is not included in this. And this assumes an additional off-take with SRC - for both the LREE & HREE.
- Forums
- ASX - By Stock
- VML
- Vital Metal's Earnings Potential
Vital Metal's Earnings Potential, page-2
-
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VML (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.3¢ |
Change
-0.001(16.7%) |
Mkt cap ! $14.73M |
Open | High | Low | Value | Volume |
0.2¢ | 0.3¢ | 0.2¢ | $439 | 186.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
105 | 114689591 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 44198666 | 55 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
101 | 113259591 | 0.002 |
27 | 106967531 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 33926155 | 50 |
0.004 | 11730640 | 34 |
0.005 | 7906106 | 20 |
0.006 | 6755468 | 11 |
0.007 | 1217296 | 3 |
Last trade - 11.21am 04/10/2024 (20 minute delay) ? |
Featured News
VML (ASX) Chart |