i don't think vrm will be in a position to sign many off take agreements until the bfs is complete. The all in cost of $60usd just doesn't seem reasonable in the current market place given the grade of ore and impurities it will most likely have as well as operating in the Australian market place and being a significant distance from port.
vrm would be better served looking into ways they could be cost efficient in producing dap/map or ssp.
we await.
VRM Price at posting:
2.6¢ Sentiment: None Disclosure: Not Held