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14.3%

0.4¢ vital metals limited

so LKAB needs product now :-) cannot wait to see the output from...

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16/01/23

10:22

Post #: 65707507
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Originally posted by AndyMzz ↑

Couple of quoted lines from a Fin Times article below

Initial reports sound like an exciting discovery for LKAB, however, it will have no medium term impact on offtakes. As mentioned above, there is a binding commitment. This has an option for up to 10 years.

"According to LKAB, it’s the largest known deposit of its kind in Europe. But the company warned that it could take at least a decade before mining starts."
"LKAB – which also develops carbon-free iron ore projects – said the deposits of rare earth were found close to the world’s largest underground iron ore mine that it runs in Kiruna. Exploration won’t start for years, even if permits are delivered very fast. If we look at how other permit processes have worked within our industry, it will be at least 10-15 years before we can actually begin mining and deliver raw materials to the market"

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so LKAB needs product now

cannot wait to see the output from REEtec using VML product

VML Price at posting: 2.6¢ Sentiment: None Disclosure: Held
4 Upvote

0 Great analysis

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(20min delay)
Last 0.4¢		Change 0.001(14.3%)		Mkt cap ! $23.58M

Open	High	Low	Value	Volume
0.4¢	0.4¢	0.4¢	$3.2K	806.9K

Buyers (Bids)

No.	Vol.	Price($)
91	66745677	0.3¢

Sellers (Offers)

Price($)	Vol.	No.
0.4¢	16929919	47

View Market Depth

No.	Vol.	Price($)
91	66745677	0.003
23	41311179	0.002
9	56000101	0.001
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.004	16929919	47
0.005	22681432	64
0.006	8326215	28
0.007	6186445	12
0.008	925000	3

Last trade - 12.09pm 23/05/2024 (20 minute delay)


Last 0.4¢			Change 0.001 ( 14.3 %)
Open	High		Low	Volume
0.4¢	0.4¢		0.4¢	546078
Last updated 10.53am 23/05/2024 ?

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