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kanetoad

405 Posts.

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19/05/23

09:02

Post #: 67856311
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Originally posted by dolfy: ↑

Vml has a partnership with Reetec . The new management didn't really understand it...There is still the question if Reetec will take legal action?
It was the internal politics that killed this company.

It seems the company changed tack mid ship with the new shareholders on board, because it looks like there sitting on a T1 deposit. Define the resource and sell ,as they have done before. Its interesting to note that Russell Bradford has left VML and is now at Aston Resources.

It looks like former directors are now acquiring ,this has got to mean something.

If you compare this company to Arafura it's a nice deposit without the capital requirements. Just to make a note i doubt if the banks will loan Arafura a billion plus dollars.

There is still hope for this company,,but there is more moving of the deck chairs to come###.Lions have entered at 4 cents so that's a fair bit of ground to be covered.

I think all the ex-Lynas personal are gone now, so that's the brains trust gone.

Lessons to be learnt have a good business culture and get an experience board.

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which former directors are now acquiring and how do you know this?

VML Price at posting: 0.9¢ Sentiment: Hold Disclosure: Held
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Last 0.4¢		Change 0.000(0.00%)		Mkt cap ! $20.63M

Open	High	Low	Value	Volume
0.3¢	0.4¢	0.3¢	$33.02K	10.92M

Buyers (Bids)

No.	Vol.	Price($)
17	15895218	0.3¢

Sellers (Offers)

Price($)	Vol.	No.
0.4¢	27679500	64

View Market Depth

No.	Vol.	Price($)
17	15895218	0.003
101	97531552	0.002
21	72784051	0.001
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.004	25867906	63
0.005	9245910	35
0.006	5676463	15
0.007	2719685	5
0.008	2615656	3

Last trade - 15.15pm 17/07/2024 (20 minute delay)

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