Here are some possible comparison numbers to churn on. So some...

Here are some possible comparison numbers to churn on.

So some numbers that I researched from the mountain top mine.

Approx numbers forward forecasted for mountain top are 420million gross then ebitda of 280 million from extracting 20,000t per annum approx.

Also it is a different grade as it appear to have heavy earths in there as well so not an exact comparison

So that could be 20,000 approx per tonne extracted gross less all mining costs and plant running costs etc.

At a rough guess maybe 300-500 t per first year then scaling up in following years is possible for VML around 7m-8m first year heading to 10 times this if 5000t is reached in 2025.





Not investment advice, do your own research, and consult a licensed adviser