The sale to SRC means that SRC can process the product into magnets it has a downstream solution.
This sale gives them the cashflow to make it to year end and get the MRE upgraded and mine plan completed.
They flagged this sale months ago and now sold it to SRC for a higher price - that's good news not bad.
l'm hoping that the trade was more about tax loss selling given how close we are to 30 June.
VML General Comments - Chat, page-8413
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