VML - Vital Metals

[over9k]

Alternatively, we all end up squatting at barney's place after his stock tip sent us broke

 

[barney]

Lol .... I'm happy either way ....

ie. The "Rock" becomes filthy rich, or he and you (O9K) end up staying at my place drinking all my Carlton Dry,

And eating all my BBQ sausages for an extended period. (not happy about that cause I like my sausages! )

I think @frugal.rock and I have had this "conversation" a while back where he was possibly coming round for 6 months of BBQ's if things went wrong!)

Things did not go wrong, fortunately, (Mainly because I don't have that many sausages on board )


Seriously though, this is about as good as a Spec gets (in my view)

It will not be an overnight success, because anything of substance takes time to mature (1/2/3 years perhaps)

If it fails, I will be more than a little surprised, and will take the loss on the chin as always

 

[frugal.rock]

I thought you promised me rissoles?
Cheapskate
Gotta be some pretty good
"maggot surprise sawdust mystery bags" snags for me to eat snags.... crap snags are the wurst ?

Am not a sausage fest fan....but each to their own.

 

[barney]

I thought you promised me rissoles?
Cheapskate
Gotta be some pretty good
"maggot surprise sawdust mystery bags" snags for me to eat snags.... crap snags are the wurst ?

Am not a sausage fest fan....but each to their own.

Mmmm I think you maybe right Rock. It was rissoles originally.

Been a tough couple of months ... Chicken snags is the best I can offer. Or I can do Dominoes pizza every 3rd night. Your choice.

 

[aus_trader]

Ok @Joe Blow what about this:

View attachment 125194

@frugal.rock what do you think?

Wow, this thread has really run for pages while I wasn't watching...

Be careful @over9k , our @frugal.rock comes up with some gems every now and then.

I can share that I have profited along side him with Archer Materials Ltd (AXE) in a private trade that I placed and have recently exited. The only reason I was aware of AXE is because of frugi's coverage. I think there was a few others he has picked as winners over the years.

Of course not all are winners (he is not GUD), so every now and then the bud's don't bloom, but as @barney said we have to take it on the chin from that grizzly and not give up.

 

[barney]

I think there was a few others he has picked as winners over the years.

Indeed @aus_trader

I 'm sure Froogs would well recall a few months back when he was in a purple patch so deep, that even Ian Gillan and Ritchie Blackmore would have felt slightly opaque in his presence!

In short:

Enjoy the profits when the purple ponies are prancing

But, if they throw a shoe, flush them down the loo like a gooey poo!

(Obviously a minor adaptation of "Let your winners run and cut your losers short", lol ... )

 

[barney]

My silliness aside on the LGP Thread

I suspect that VML will likely go back into a trading Range pending any further news.

My mate below is not impressed though. He just spent all his profits on a 6 pack of Whiskas and ate the lot.

 

[over9k]

Grabbed a bit more at 059 today barney. Long term trend actually looks good now (break below it had me a bit jittery).


We can now all expect it to drop tomorrow.

 

[barney]

We can now all expect it to drop tomorrow.

It may well do that O-9 but anywhere above mid 5's look tidy at the moment

The next round of news I expect from the lads is the results from the recent drilling of the Tardiff Zones 2 and 3

Tardiff 1 was an absolute standout and I think the market will start to reward the additional potential once the resource upgrade is announced. T-3 will likely be similar to T1 results and T2 is targeting further extensions I believe

Worth highlighting again the description from boss Geoff in last weeks Resource Ann: Compelling coming from an RE expert.


Vital Metals Managing Director Geoff Atkins said:

“The first results of this drilling program have exceeded our expectations of the higher grade bastnasite dominated rare earth zones in the Tardiff Zone.

The scale of the Tardiff sets the foundations for expansion of works at Nechalacho into stage 2 of our plans.

With mining activities currently underway at Stage 1, the results of this drilling program confirm the enormous potential for Tardiff Zone 1 to be the foundation of our Stage 2 expansion plans.

The potential of this deposit is particularly exciting with the deposit remaining open in all directions, with the drilling program’s highest grade and largest intercepts being located along an open boundary.

Further with intercept grades that would be the envy of rare earth projects around the world, these results confirm the status of Nechalacho amongst the world’s rare earth deposits.”

 

[waterbottle]

Ore sorter purchased. Production coming soon

 

[barney]

Certainly can't say that the VML boys don't carry a little clout

Funding arrangement with the Canadian Northern Economic Development Agency for

$1.26 million dollar loan at ZERO interest over 10 years (50% of Ore Sorter costs)

Obviously the CNEDA can see great benefit to the local community jobs wise etc

Not a massive loan, but it helps keeps VML cash balance in order while they are getting Production in order.


ps Beat me to it @waterbottle

 

[barney]

VML could be accused of dragging the chain in the handful of R/E Stocks I keep on a watchlist

Come on boys We all have bills to pay!

 

[Dona Ferentes]

@barney ... U may be interested in this

Jack Lifton Hosts USA Rare Earth’s Pini Althaus and Vital Metals’ Geoff Atkins on Critical Materials Corner

Don’t miss this exclusive discussion between leading industry experts on the increasingly vital role Critical Materials play in future technologies […]

investorintel.com

 

[barney]

@barney ... U may be interested in this

Jack Lifton Hosts USA Rare Earth’s Pini Althaus and Vital Metals’ Geoff Atkins on Critical Materials Corner

Don’t miss this exclusive discussion between leading industry experts on the increasingly vital role Critical Materials play in future technologies […]

investorintel.com

Yeah, Interesting @Dona Ferentes

Tracy Wesloski has (apparently) been a fan of VITAL for a while

I would assume she holds Shares in the Co, but perhaps it is just a Marketing strategy by VML to have her involved??

Nothing sinister in the scenario either way, but given your above "referenced" web link, it indicates that punters ...

Need to pay $25 (US/CAN ... not sure), to be involved in the information at hand

I'd say, either Tracy and Co see the potential here,

Or Geoff and crew at VML realise they need to generate a little "hype" to promote their "potential"

We are working in Northern America after all, and Punters in the US like a bit of "spin"

I have no idea how many Punters will stump up the $25 , but if they do, and like what they see, I won't be surprised to see VML jump a little between next Monday 21st June and the end of the month

Cheers and thanks for the Link

 

[waterbottle]

Confirming the global political trend...

Canada, EU in raw materials pact to cut China reliance

“We as Europeans want to diversify our imports away from producers like China because we want more sustainability, less environmental damage and we want transparency on raw materials.”

www.mining.com

 

[aus_trader]

Au joining the alliance it seems...

MSN

www.msn.com

 

[sptrawler]

Au joining the alliance, it seems.

It certainly isn't getting much airplay in the press, yesterday front page mention, superficial analysis today, I think it is a huge link in regard R&D for BEV integration, Australia will gain a huge technological leap forward IMO.
Maybe the media are being slow to join the dots.

 

[frugal.rock]

Took profit on the way back after it went up to .061 quite briefly recently until supply swamped it again.

Will be keeping me eyeballs on it though, I have no doubt it will bash 10 cent this year.
Still holding around 285,000 in vol.

A side note, if I had left the money in OOO instead, I was guaranteed around 800 profit from the 2nd distribution of OOO profits, although I didn't know that until afterwards...

 

[barney]

Looking like a smart decision for the moment @frugal.rock

Share price being hammered a bit more today. Mid 4's looking a possibility at some point if the R/E sector doesn't pick up.

Might be time to buy some more if it hits 4 though

 

[aus_trader]

Looks like the same story across the board with Rare Earth stocks at the moment, share prices heading lower each day...

Only RE stock that I noticed that's doing well is ASM. I got some free ASM shares back when I was an ALK shareholder (see Speculative Stock Portfolio past issues) and ALK spun off it's RE assets to ASM as a new asx listing. I watch in pity as I have sold those ASM shares far too early ... Would've been sitting on six bags as ASM has surpassed $6 now !