VML - Vital Metals

[Joe Blow]

Ok @Joe Blow what about this:

There ya go.

 

[over9k]

I think I've missed my calling with this economics/investing business. I should have been an artist.

 

[frugal.rock]

I think I've missed my calling with this economics/investing business. I should have been an artist.

So you steal an image, plagiarise it, then label me....

I think you should be working out the quickest easiest cheapest way for me to short lean hogs futures.
Or rebuild my LS1...

There's only room for 1 village idiot here and the position is tightly held....

?

 

[over9k]

I dunno, @moXJO and I were performing some advanced level stupidity over in the crypto thread.

 

[moXJO]

Dude you need to mint that into an nft and sell it for a $mill

 

[over9k]

Dude you need to mint that into an nft and sell it for a $mill

See rock? You aren't even close to this kind of 200iq thinking.

 

[Dona Ferentes]

Oh dear. I had to look that up.

It's a meme that kind of over-exaggerates when someone makes a clever play. For example in LoL when someone predicts where their opponent will dodge to and aims their ability in that direction. Like with most twitch memes the humor is in the over-exaggerating factor. ... The twitch chat would then spam 200 IQ.

but there again, (kind of) mostly noise.

 

[over9k]

Yeah, it's morphed into something you use to take the piss now. Like if something was exceedingly stupid you'd describe it as "200iq". There's another term called "smooth brain" (the joke being your brain is so large it's compressed into your skull and lost its wrinkles/gone smooth due to it now using all the available space) which is interchangeable.

I need a new title. Hmm. I think I've got it.

 

[frugal.rock]

Dude you need to mint that into an nft and sell it for a $mill

Dude, you need to muck out your digital stables and sell those electronic nuggets horse **** in bags of various sizes for compost...
My smooth brain is so smooth it came out my ears many times and many people assisted vigorously to push it back in.
As a result, I now have cauliflower ears and shoot florets out my nose...bushman hanky style! Whoodathunkit

 

[Garpal Gumnut]

VML which due to tardiness and travel has already been taken from me for the ASF competition in June is a stock which more through luck than skill on my part was very good to me on an in and out basis last year and in to January.

Speaking of which I was put on to it by Alexander Thynn the late Marquess of Bath just before Covid from which he expired shortly after April Fools day last year. He was a very good artist and his son is presently evicting his wifelets from the cottages on the estate now that the will has been read. At his most energetic they numbered over 70. The wifelets, not the cottages. It is a long story but he gave me some very good stock tips and I will not have a word said against him. His picture in his prime.



The chart for VML is very interesting and being a rare earther and golder in Canada and Tanzania there is a potential blue sky monster here. To be honest Canada worries me more than Tanzania, they are so stiff and woke in that hell of a country one wonders how any driller can make a quid.

Anyways a chart. VML just chugs along and has retraced to support with recent good volume after some announcement or other. Does it have the legs. Alexander's death last year leaves me distraught as he would know whether to double up or to exit VML, to wait for the next leg up or depart. I'm waiting as it happens. Momentum is good.

.

gg

 

[barney]

VML has already been taken from me for the ASF competition in June I was put on to it by Alexander Thynn the late Marquess of Bath

View attachment 125221

I am impressed @Garpal Gumnut that you have been able to find a picture of my deceased Uncle Al.

He was indeed a handy lad with the ladies as you mention, and also a fantastic judge of Spec Stocks.

No doubt he would be happy with the VML chart as well at this point in time (Thynne) If he were still with us

I do not hold his sway with the Ladies, however I do agree with his perception of the future of Rare Earths

He was 20 years ahead of his time, but so was his hair and dress sense. Thanks Uncle Al.

 

[frugal.rock]

Market sensitive announcement just out.

VITAL ACHIEVES FORMAL ACCEPTANCE OF RARE EARTH PRODUCT FROM REETEC

HIGHLIGHTS
• Offtake partner REEtec has formally accepted Vital’s rare earth carbonate sample produced at Nechalacho in March 2021,satisfying Stage 2: Qualification of Specification

• Vital is on track to become Canada’s first and North America’s second rare earth producer with production via ore sorting to commence in June 2021

• Product acceptance from REEtec demonstrates Vital has its processes working correctly at Nechalacho

• Vital will provide REEtec with 1,000 tonnes REO (ex-cerium) per year for five years with the option to increase volume by up to 5,000 tonnes REO per year over 10 years.

 

[barney]

• Offtake partner REEtec has formally accepted Vital’s rare earth carbonate sample produced at Nechalacho in March 2021,satisfying Stage 2: Qualification of Specification

• Product acceptance from REEtec demonstrates Vital has its processes working correctly at Nechalacho

• Vital will provide REEtec with 1,000 tonnes REO (ex-cerium) per year for five years with the option to increase volume by up to 5,000 tonnes REO per year over 10 years.

Thanks Rock.

I have no idea how much the market will reward this SP-wise, but this is the piece of the puzzle that had to be completed to verify everything that has gone on to this point.

Basically, if REEtec are happy to sign the FID, then Vital's carbonate will satisfy any Production facility on the planet

1,000 t/pa is just the tip of the iceberg

If I had to take a punt, this news should give the last of the Sellers a chance to liquidate into strength (hopefully)

Then the SP can quietly look after itself over the next 2-3 years.

 

[waterbottle]

Here we go

 

[over9k]

Up a bit to 058. Not as much as I would have liked but green is green.

 

[waterbottle]

Up a bit to 058. Not as much as I would have liked but green is green.

That's not critical.

What is critical is that they now have a proven, commercialised mine and refining process.

Give a man a fish or teach a man to fish?

I'm holding. The Green shift is real and will happen, globally. The China rebuttal is real and is happening, globally. This company has proven itself on multiple occasions and the potential for further growth is huge here...

Think about the fact that rare earth prices are set in China by Chinese miners. Do you think that market will still exist when people turn away from them and source their metals from a western nation? I certainly don't, at least not in its current capacity.

There will be two markets: one dictated by Chinese regulations, anaemic, likely obstructed by western environmental policies; and one that is compliant with green, environmentally friendly policies, one that can ensure continuous supply without interruption due to political chest thumping. VML will be in the latter, and my guess will be that that is where the rest of the world will be too.
In the latter case VML is a price setter, not taker as would be the case in the former.

 

[over9k]

No disagreement here bottle - I'm holding too

 

[Sean K]

The chart for VML is very interesting and being a rare earther and golder in Canada and Tanzania there is a potential blue sky monster here. To be honest Canada worries me more than Tanzania, they are so stiff and woke in that hell of a country one wonders how any driller can make a quid.

Anyways a chart. VML just chugs along and has retraced to support with recent good volume after some announcement or other. Does it have the legs. Alexander's death last year leaves me distraught as he would know whether to double up or to exit VML, to wait for the next leg up or depart. I'm waiting as it happens. Momentum is good.

Canadians just have it too good and feel guilty so have started batting left landed to share the love. Much like Victorians.

Hit a floor I reckon.

 

[barney]

Hit a floor I reckon.

Yeah I thought the same thing @kennas which is why I stumped up for another lazy 100,000 at .053 the other day

Not that I needed anymore

VML has been de-risked a lot with the last few Announcements, particularly todays.


Now that we have confirmation that their process has been accepted by a top tier chemical Company in REEtec

VML's future profit can now realistically be gauged by how much (bulk) RE carbonate they can produce and sell


The 1000 t/pa with REEtec was/is simply an initial "Pilot Plant" deal to prove that VML management can do what they said they can do

And they did do what they said they could do, lol ... (Can't beat experience!)


The bigger story (in my view) with these fellas will happen down the track when (likely), the Canadian Government, and possibly many other suitors

Will become Offtake partners for VML's high quality carbonate for their Production facilities.

VML do not need to be the greatest end Producer of Rare Earths. They only need to provide the current producers with quality "feedstock"

Geoff Atkins has made it quite clear from the start what Vital are trying to do.

He and Management are simply using their experience to produce "what the West needs" to become competitive with China

I always come back to their statement .. " we will/want to become the next Lynas"

"How's the serenity"

How's the Serenity

 

[frugal.rock]

"How's the serenity"

"We're going to Dunnedoo"

"I reckon Wayne would be proud of us...."

If this pays off in a couple of years Barney, I'm gonna have my very own pool room and buy those overpriced jousting sticks.

Full boar please.
????