assays should drop any day now. I'm expecting them before Xmas...

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5onic

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27/11/23

15:56

Post #: 71128919
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Originally posted by bsumisu: ↑

As complimentary to the charting thread, thought I'd try creating a general thread to collect all the general comments that belong more on a general topic as opposed to specifically against particular announcements. Let's see if this sticks >.<.

Broadly speaking my view of VMM as aligned to a number of others here is that it's essentially part of 1 big deposit with broadly comparable grade distribution of elements and metallurgy (with some variation to be expected on all of these counts). VMM's value proposition at this point in time to me from an Risk vs Reward perspective is that given the number of tonnes they'll likely end up with in the resource the NPV is likely to be relatively close to MEI. Even if the total resource may still be up to 50% smaller the NPV for the same scale plant will essentially would be the same as past year 20 not even doubling throughput would add all that much to NPV. Perhaps the smaller resource makes it less of a takeover target? Perhaps it doesn't matter? I'm not sure, lol. If it does lessen the TO potential that's actually a good thing as it means the potential to go to production and capture higher upside could be higher - although it would take longer than a TO sugar-hit?

Anyway, that's all the thoughts I can get down on a Saturday night to kick this thread off, here goes. Hoping for something more than crickets come Monday.

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assays should drop any day now. I'm expecting them before Xmas going by my calculations.

VMM Price at posting: $1.90 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $1.05		Change -0.030(2.78%)		Mkt cap ! $66.30M

Open	High	Low	Value	Volume
$1.08	$1.08	$1.04	$299.0K	283.3K

Buyers (Bids)

No.	Vol.	Price($)
2	5361	$1.05

Sellers (Offers)

Price($)	Vol.	No.
$1.07	4400	2

View Market Depth

No.	Vol.	Price($)
2	5361	1.050
1	2700	1.045
6	23143	1.040
2	15211	1.035
1	5000	1.030

Price($)	Vol.	No.
1.065	4400	2
1.070	7368	2
1.075	24154	1
1.100	5000	1
1.125	13876	1

Last trade - 12.53pm 26/06/2024 (20 minute delay)

VMM (ASX) Chart

assays should drop any day now. I'm expecting them before Xmas...

ASX200 dives as inflation clocks in at 4% – higher than 3.8% consensus

Eurozone-based companies find new ways to secure a regional lithium supply

End of FY is a time to juggle wins, losses and capital gains taxes

Time for retail therapy buying in the shopping Scentre for hot stocks

Sun Silver submits US$60M Silver Paste Funding Application to US DoE

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assays should drop any day now. I'm expecting them before Xmas...

Top Stories

ASX200 dives as inflation clocks in at 4% – higher than 3.8% consensus

Eurozone-based companies find new ways to secure a regional lithium supply

End of FY is a time to juggle wins, losses and capital gains taxes

Time for retail therapy buying in the shopping Scentre for hot stocks

Sun Silver submits US$60M Silver Paste Funding Application to US DoE

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