VML 25.0% 0.3¢ vital metals limited

VML General Comments - Chat, page-2443

  1. 7,168 Posts.
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    I haven't seen that picture before either and it's very nice to have what was already understood, to be depicted on a map.

    VML has already executed the Definitive Offtake agreement with REEtec so it would be nice to hear some update on how close is the Definitive agreement with SRC regarding the construction of the Extractor.

    " RE Extraction Plant Construction and Operation Term Sheet."
    " Objective is to commence operations Q3 2021."

    Production only ' begins ' Q2 2021 with 35% rare earth ore from the Ore Sorter being produced, which then has to be transported to Saskatoon to be put through the Extractor ( which construction of has not yet been confirmed ) to produce the 99% rare earth mixed carbonate.

    I am sure there are prospective more cautious investors ( e.g. Institutional ) out there that would be waiting for confirmation of more progress before committing.
    As yet, mining hasn't yet begun and the ' presentation ' is still basically management's projection on what is going to happen and when, which if you have been with the company for any length of, you already new.

    For any new comers though it is an informative and worthwhile presentation.


 
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