These notes were posted by YoungDumb+Broke on the Rox thread. They are relevant to VMC as we are in a JV with them
Weekly sample run to the lab, which is up to a 6 week turnaround (usually 3-4 weeks). It doesn't help that there are high levels of drilling across all of WA requiring assays. -We are now very much aware of where we're drilling, and we understand the mineralisation for more targeted drilling. - By end of November we should have all drilling results, with JORC in December. - Around 18 holes in the lab, and 36 remaining. - Earliest we can put a resource out is early December, and very much subject to change (i.e. lab turnarounds, etc). - We have one of the largest land holdings (80km of the 150km sheer zone). - Huge amount of results currently sitting in the lab.
My favourite was one of the closing quotes from Alex: “We are going to be a news flow rich company over the next 6 months”.
VMC Price at posting:
24.5¢ Sentiment: Buy Disclosure: Held
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