VML vital metals limited

Hi TC90, maybe someone did have a look at the Scoping...

  1. 569 Posts.
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    Hi TC90, maybe someone did have a look at the Scoping Study...the Geoscience Ann. didn't say much at all. imo the Scoping study will just reiterate what has already been said by VML...good grades and scaleability. 6/2/24 ann. "..if the mining and processing studies successfully show that mining is economically viable then further close space drilling will be carried out...."
    Geoscience Ann. We plan to continue advancing Tardiff to a pre-feasibility study in 2025-2026.
    So the Scoping Study may already indicate that mining at Tardiff is viable.
    I didn't see any firm commitment to anything in 2025...lots of ideas, continued Indigenous engagement...we plan etc...but nothing with real $$$ attatched.
    Imo, VML are conserving cash, re: the possibility of the grant of mining licence to Cheetah. (Wigu Hill) 1.1 Mill + 500,000 DD split with Shenghe. This was part of the VML/Shenghe deal.
    They mentioned Canadian skillset. What about Tanzania skillset.. M. Brook, R. Crookes, Shenghe, and the Tanzanian Govt. is pro mining.
    R. Crookes is on the right. Page 2 photo.
    https://blackrockmining.com.au/wp-content/uploads/BlackRockSignsUSD179mFacilitiesAgreement16Sep24.pdf




 
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