Vital Metals Ltd (VTMXF)

[Middleborder]

Wyomingdude; Vital Metals; Here is their website

https://vitalmetals.com.au/board/

In the US They trade under VTMXF.

(My brokerage charges a $50 fee for a foreign share purchases.)


Be certain to look at their financials and the number of outstanding shares and warrents.


https://vitalmetals.com.au/wp-content/uploads/2021/03/VML-2020-HY-Report.pdf


Basic and diluted loss per share for the 1/2 year is $.15 $AU. The current US$ S/P is $.044.


Capital share structure

https://vitalmetals.com.au/investor-centre/capital-structure/

Ordinary fully paid shares (VML) 4,154,233,084 (4.15 billion outstanding.....every time McDonalds sells a hamburger they issue a share!! )

They also list the outstanding warrants extending into 2025. Every one of them is already "in the money."

(**Note that 3 or 4 previous directors left the board. Bad Sign!)

After you do this then you can review their recent press releases.

My thought, without too much analysis, is that unless there is some sort of government help, they need to produce product on their joint processing agreement this year just to remain in business. To me this fell in the category of a highly risky speculative investment. I might have put $200 or $300 dollars into it but because I would pay $50 foreign transaction fee going in AND Getting out I passed. I think there are safer investments with a better chance of success.

I am not a financial analyst or anything, and while I hope Vital Metals succeeds, i would everyone should do their own due diligence and make up their own minds on whether to invest!