Australian (ASX) Stock Market Forum

VML - Vital Metals

@barney "Out of curiosity @Austwide are you still in ??"

Sorry barney I missed your post, not wanting to read too much about VML after selling on the 26th Feb at 4.8 for a reason that got cancelled.
 
To be fair, the entire market ran hard today.

U.S futures are deep into the green too so looking good from here.
 
To be fair, the entire market ran hard today.

U.S futures are deep into the green too so looking good from here.
That doesn't explain the late volume & price action IMO which only started around 3:40 PM
Intraday chart.

Screenshot_20210408-181214.png
 
if you don't make a few bob out of your 067 Buy over the next few weeks or so, I'll make up the difference;)

Hopefully I am off the hook on that statement now @frugal.rock lol ?:)

ps Hope that order you pulled behaves itself tomorrow/next week

The Market Depth (unreliable I admit) and VWAP indicates this arv's push is a bit hard to read:unsure:

Tomorrow's open might shed some light on it?

Today's VWAP was in the range of 7.2-7.3 cents

The Close could be either a prelude to something , or orchestrated. Interesting.:wheniwasaboy:
 
Sorry barney I missed your post, not wanting to read too much about VML after selling on the 26th Feb at 4.8 for a reason that got cancelled.

All good @Austwide

I think you made some decent beer money either way?

No one has to pick tops and bottoms to make a few dollars ?

Cheers.
 
I agree RE market depth. Sellers had been pulling away for the past week whilst 66 and 67 levels held steady - it was bound to pop.

Next question is when the next mining report will be released. IMO should have more to run once we have confirmation of actual drilling work being done and ore being pulled from the ground.
 
this arv's push is a bit hard to read:unsure: Today's VWAP was in the range of 7.2-7.3 cents
The Close could be either a prelude to something , or orchestrated. Interesting.:wheniwasaboy:

It appears yesterday's late spike was more orchestrated than predictive as suspected.

Yesterday's VWAP is currently holding, but Sellers are evident.

Nothing sinister in it, but no chocolates today ?


VML 9th April 10.45am.jpg
 
Chugging along nicely since the push down last few days.

The .071 line got cleaned up earlier by a sole 3 million share grab. (Approx + $200,000) Positive :wheniwasaboy:

So we have recent accumulation around 071-073 and recent "orchestrated" selling above that level

Probably more of the same for the time being if the players are indeed mopping up? (looks that way)

All good from where I sit till proven otherwise :whistling:

VML 13 April 2021 12.30.jpg
 
OK So VML is doing pretty much as expected till proven otherwise

No Charts as I am cooking my wife dinner, lol.

VML at under 068 at this point in time signals warning bells

Do I think that will happen??


Mmmmm .... 068 may get touched , but under that level for any length of time?? Not in my life time :nailbiting: :bored:


ps If that happens there will be a cascade of sellers, and my ungenerous "smarty pants" over-confidence:oops:

Will be treated with the appropriate Response!

We shall see what eventuates:oops:
 
VML at under 068 at this point in time signals warning bells

Do I think that will happen??

Mmmmm .... 068 may get touched , but under that level for any length of time?? Not in my life time :nailbiting: :bored:

Tightening Range on relatively low Volume. Still behaving as expected but a return back to .073 would feel a lot better.

1618564052486.png
r
 
The hype's worn off. Without more news, it's going to meander.
 
The hype's worn off. Without more news, it's going to meander.
Glad you said that o9.
Because you know what's going to happen now don't you?

I didn't cancel a sell order on 0.077 for nothing.
(The joys of school holidays....disturbances left right & centre)
 
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Glad you said that o9.
Because you know what's going to happen now don't you?

I didn't cancel a sell order on 0.077 for nothing.
(The joys of school holidays....disturbances left right & centre)
Hey I sold at 040 after a 029 purchase and then watched it moon to 087, don't even start :p
 
The hype's worn off. Without more news, it's going to meander.

Now don't be like that O9, lol.

Being realistic, the current Market Cap is $285 million pre production. That looks fair to me for the moment

1st stage Mining should be underway almost as we speak.

Ore Sorter setup etc to enable beneficiation setup should also be well in progress

I assume these will likely be the next Announcements.

They may not change the SP dramatically, but everything is progressing nicely and on time.

The experience Geoff and team bring to the table is invaluable at this end of the Market

Sitting patiently:bookworm:
 
News Story on the current global Rare Earths situation. (The Guardian 17th April 2021)

Not directly related to VML, but very much still "related" given our early Production pipeline

Potential perfect storm developing for R/E Companies with genuine claims.

Fist half of story:

1618658489792.png


Full Story
 

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News Story on the current global Rare Earths situation. (The Guardian 17th April 2021)

Not directly related to VML, but very much still "related" given our early Production pipeline

Potential perfect storm developing for R/E Companies with genuine claims.

Fist half of story:

View attachment 122929

Full Story
Yes Barney, the big plus with rare earth is, it doesnt matter whether it is a BEV or a fuel cell EV, both require rare earth magnet motors and no one is trying to improve on that as far as I know.
Unlike batteries, which are under constant development pressure, to squeeze more juice out of them, which in turn affects the market of the prefered minerals.
 
News Story on the current global Rare Earths situation. (The Guardian 17th April 2021)

Not directly related to VML, but very much still "related" given our early Production pipeline

Potential perfect storm developing for R/E Companies with genuine claims.

Fist half of story:

View attachment 122929

Full Story
I read that article in the Crusty Chronicle aka The Guardian.

Its main message is not at investors but rather its base, environmentalists on large government and academic salaries, and the twitter mob of unemployed angels.

The CCP and Chinese RE investors don't seem bothered by the environmental impact of RE, nor do Apple or Samsung.

So if the comrades and the capitalists are on the same page give me some ink.

I may throw a few kopeks at VML.

gg
 
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