VMM 4.62% $1.59 viridis mining and minerals limited

VMM millions in cash payments due soon - how will VMM fund this, page-63

  1. 10,101 Posts.
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    consolidation is not a bad thing and any correction will be rectified in the near term. The key as critical milestones such as mre, Mets and scoping study are achieved the sp will rebate by default. I think we are 6 months behind Mei as our mre will be done concurrently with scoping study and Mets. Mei had a mre by may 2023 with inferred category due to extensive historical an and commenced infill drilling to increase confidence. Mets began end July 2023 and 1st results end of September. Initiated scoping study on the 6th Oct 2023.
    vmm is on a tear with significant drilling including exploration and infill with expansion to commence soon in the southern. Mets commenced 30 th Nov 2023 and scoping study 15th Feb 2024. Both will tie in nicely with mre. Further vmm has made serious appointments to progress this resource efficiently. Use these opportunities as they will not keep presenting.
 
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