VMM 3.03% 68.0¢ viridis mining and minerals limited

Yeh finally they accounts true intentions come out it seems,...

  1. 5,472 Posts.
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    Yeh finally they accounts true intentions come out it seems, from the outset very deep general clay REE posts and now suddenly "bashing" anything that's not MEI by looks of it. Holding MEI I suspect (as do I, but still think that bias is showing).

    Fair enough that high grade pockets are great.

    The averages he modelled on to VMM appear to be on the low side though given the averages results released, within the averages released there's bound to be higher grade zones that will be evident in the MRE (what will be exactly in dunno but there will be some). There's also the higher grade western zone and the fact VMM does not have a 5% royalty on a decent bunch of the tenements (I.e. the latest acquisition).

    High grade pockets are definitely good though.
 
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