VML - Vital Metals

barney · 3 August 2021

frugal.rock said:
That's some pretty good news right there...should or rather hopefully give the SP a solid boost.

Certainly is good news Rock. The resource was already substantial but these results make it look potentially way bigger

The fact that the Co is "pre"-developing Stage 2 before Stage 1 has produced its first carbonate tells us they are keen to ramp this up asap

One of the highest grade R/E deposits in the world with possibly the lowest production costs. The market should eventually reward them

I think we are at least 6-12 months away from any serious re-rate given the amount of work still to be completed but so far all is going to plan

Still Supply hitting the 5 cent level but Volume is fairly low for an Announcement this good. Mexican stand off and maybe a bit more argy-bargy to to test Support levels over the next few weeks given the lack of Buyers?

barney · 3 August 2021

PS. In an ideal world, the scenario you suggested the other day where the "5 centers" kept pushing it down to mop up the 48 and 49 ers all day will happen today and then the 50-52 level will get cleaned up at the close

We can only hope that is the case

waterbottle · 3 August 2021

Great news, sounds like we may end up with a resource upgrade in the future.
Not sure when the filing will take place though - try do make reference in their conclusion to drilling commencing during the northern winter, so perhaps next year?

aus_trader · 4 August 2021

Having a little rally today. I think it's about time junior RE's started following the senior LYC...

barney · 6 August 2021

Production going to plan.

The Ore Sorter is working efficiently turning a low grade stock piled ore into + 35% TREO in one pass ..... excellent

barney · 6 August 2021

waterbottle · 6 August 2021

Well done to the team.

Excellent new so far - production going better than expected + potential resource upgrade.

The only way this gets better is if they manage to strike other minerals (I. E. Lithium) or they receive a take over offer

aus_trader · 6 August 2021

In terms of the size of the deposit I think it's good they are doing further drilling/exploration to expand... the grade is one of the highest I've seen in the Rare Earth space that I've been following.

I am surprised how quickly they got to mining the material from discovery. Could expect better things from here as they increase production and increase resources/reserves. ?

Also surprised how early @barney unearthed this little gem, wish I put in a little minimum stake as a high risk/high reward play back then. Better late than never I suppose... For disclosure I hold a small quantity and still just in the green despite the price sliding lower over the last few months.

barney · 6 August 2021

aus_trader said:
Also surprised how early @barney unearthed this little gem, wish I put in a little minimum stake as a high risk/high reward play back then. Better late than never I suppose... For disclosure I hold a small quantity and still just in the green despite the price sliding lower over the last few months.

Glad you to see you are at least still in the green Aus
--------------------------------------------------------

Re today, I like to compare the Trades/VWAP with the 1 minute price action on decent up-days.

The 1 minute chart suggested the Traders were pushing it up on the Bid and Selling into the fresh buyers at 2-3 points higher (normal behavior at this end of the market )

If that is correct we now have a round of fresh Buyers at the 058 level and above (VWAP today was about 0.0585)

In a perfect world, the Traders will get involved again next week/sometime soon to rinse and repeat todays trading,

Which in turn will help we long term holders cement a new Support level and sleep a little easier ...

Or not, depending on your caffeine intake, lol

We don't live in a perfect world of course but even if today's Traders have left the building, in the short term,

There is no denying that VML is definitely on many punter's radars.

Below figures showing the Volume/Trading at each price level. Nothing to dislike until proven otherwise.

VML SHARE TRADES 6th AUGUST 2021
Price	Volume	Change	Value	Number	Total Shares at each PRICE
of Trades

6.1	970,000	0.05	$59,170	3
6.1	60,000	0.1	$3,660	1
6.1	25,000	0.1	$1,525	2
6.1	930,956	0.1	$56,788	14
6.1	1,013,555	0.1	$61,826	7
6.1	862,276	0.1	$52,598	12	3,861,787
6.05	30,000	0.05	$1,815	1
6.05	30,000	0.05	$1,815	1
6	516,600	0.1	$30,996	7
6	159,200	0.1	$9,552	3
6	250,000	0.1	$15,000	4
6	1,054,131	0.05	$63,247	8
6	96,000	0.1	$5,760	2
6	70,000	0.1	$4,200	1
6	150,000	0.1	$9,000	3	2,355,931
5.9	949,996	0.1	$56,049	27
5.9	27,000	0.1	$1,593	2
5.9	288,303	0.1	$17,009	9
5.9	313,909	0.1	$18,520	5
5.9	718,900	0.1	$42,415	11
5.9	3,146,596	0.1	$185,649	42
5.9	100,000	0.1	$5,900	1
5.9	3,088,619	0.1	$182,228	30	8,633,323
5.85	171	0.05	$10	2
5.8	69,175	0.1	$4,012	1
5.8	118,813	0.1	$6,891	3
5.8	55,555	0.1	$3,222	1
5.8	885,373	0.05	$51,351	12
5.8	880,000	0.1	$51,040	14
5.8	1,325,355	0.05	$76,870	9
5.8	1,371,321	0.05	$79,536	14
5.8	164,383	0.05	$9,534	4
5.8	1,307,165	0.05	$75,815	18
5.8	1,974,437	0.1	$114,517	13
5.8	8,073	0.1	$468	1
5.8	20,000	0.1	$1,160	1
5.8	156,900	0.1	$9,100	4
5.8	388,983	0.1	$22,561	4
5.8	7,017	0.1	$406	1
5.8	178	0.1	$10	1
5.8	117,543	0.1	$6,817	3
5.8	69,991	0.05	$4,059	3
5.8	150,000	0.05	$8,700	2
5.8	25,000	0.1	$1,450	1
5.8	1,186,862	0.1	$68,837	18
5.8	142,206	0.1	$8,247	3
5.8	1,220,000	0.1	$70,760	8
5.8	867,900	0.05	$50,338	7	12,512,401
5.75	434,410	0.05	$24,978	7
5.75	90,000	0.05	$5,175	1
5.75	10,000	0.05	$575	1
5.75	20,000	0.05	$1,150	2
5.75	26,150	0.05	$1,503	1
5.75	30,009	0.05	$1,725	1
5.75	50,000	0.05	$2,875	1
5.75	50,000	0.05	$2,875	1
5.75	120,000	0.05	$6,900	2
5.7	951,733	0.1	$54,248	11
5.7	24,250	0.05	$1,382	2
5.7	20,000	0.1	$1,140	1
5.7	100,000	0.1	$5,700	1
5.7	882,900	0.1	$50,325	6
5.7	845,839	0.1	$48,212	13
5.7	319,451	0.1	$18,208	8
5.7	35,087	0.1	$1,999	1
5.7	150,000	0.1	$8,550	2
5.7	200,000	0.1	$11,400	1
5.7	250,121	0.1	$14,256	8
5.7	392,778	0.05	$22,388	3
5.7	300,000	0.1	$17,100	5
5.7	1,513,100	0.1	$86,246	17
5.7	600,000		$34,200	8	7,415,828
5.6	268,620		$15,042	3	268,620

Dona Ferentes · 6 August 2021

Should have paid more attention when you were talking about that 5.0c ceiling

Shattered. ??

barney · 9 August 2021

Tectonic employed as Advisory service. 20 million Options issued.

I like one of the vesting conditions for half the options ... VML attains a $1 Billion market cap. That would be nice, lol.

SP ticking higher on low Volume ..... positive at the moment.

barney · 10 August 2021

Interesting Announcement this morning following yesterday's "Tectonic" arrangement.

VML to make an "Acquisition" The mind boggles.

We have enough raw materials for many years of production already, so speculation makes me wonder whether Avalon might be up for sale?

That would be big news. I think AWX market cap is around $60 million (AUD) Even if VML paid $100 million for AWX, it would be a steal given the HREE in the lower zones at Nechalacho.

I could be totally off the mark, but stranger things have come to pass

waterbottle · 10 August 2021

Fan

barney said:
Interesting Announcement this morning following yesterday's "Tectonic" arrangement.

VML to make an "Acquisition" The mind boggles.

We have enough raw materials for many years of production already, so speculation makes me wonder whether Avalon might be up for sale?

That would be big news. I think AWX market cap is around $60 million (AUD) Even if VML paid $100 million for AWX, it would be a steal given the HREE in the lower zones at Nechalacho.

I could be totally off the mark, but stranger things have come to pass

View attachment 128803

Fantastic news!

Hopefully it is Avalon mines - it would make sense as they have already prepped the site! If they do indeed acquire another rare earth site then they would become a formidable ex-China mine.

My only regret is not purchasing more

bullriding · 10 August 2021

Article in the AFR: https://www.afr.com/street-talk/vit...y-quebec-rare-earths-projects-20210809-p58hbe

waterbottle · 10 August 2021

bullriding said:
Article in the AFR: https://www.afr.com/street-talk/vit...y-quebec-rare-earths-projects-20210809-p58hbe

Do you have a non pay walled version?

Dona Ferentes · 10 August 2021

The ...
target is understood to be a 68 per cent stake in the Kipawa Rare Earth project and 100 per cent of the Zues Rare Earth project, both located in Quebec and owned by TSXV-listed Quebec Precious Metals Corp.

Vital Metals is expected to pay about $8.5 million for the projects, and try to turn them into producing assets.

sptrawler · 10 August 2021

Dona Ferentes said:
The ...
target is understood to be a 68 per cent stake in the Kipawa Rare Earth project and 100 per cent of the Zues Rare Earth project, both located in Quebec and owned by TSXV-listed Quebec Precious Metals Corp.

Vital Metals is expected to pay about $8.5 million for the projects, and try to turn them into producing assets.

I wonder if they are going to use script, or some of the $35m cash at hand?

waterbottle · 10 August 2021

sptrawler said:
I wonder if they are going to use script, or some of the $35m cash at hand?

Will probably be another cap raise.

Time to research the acquisitions.... On first glance I'm confused as to why they are acquiring these two mines given distance from NWT and Saskatchewan

aus_trader · 10 August 2021

waterbottle said:
Will probably be another cap raise.

Time to research the acquisitions.... On first glance I'm confused as to why they are acquiring these two mines given distance from NWT and Saskatchewan

Maybe they want to consolidate in the North American / Canadian region as RE stocks in that space is getting some attention of late.

waterbottle · 10 August 2021

aus_trader said:
Maybe they want to consolidate in the North American / Canadian region as RE stocks in that space is getting some attention of late.

Yes perhaps. Particularly given the geopolitical moves and the recent IPCC report on climate change.

VML - Vital Metals

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