Hi DJG23 - i also hold both and they both good plays IMO
Binding agreements
VRC got a great deal with Stephen Hunt on board
In terms of Binding agreements they probably wont get binding agreements until at least after pre feasibility and more metallurgical results to show higher purity- MOU's are basically a pre curser to Binding once everyone satisfied - MOU's obviously are not binding so can be terminated any time
BKT will get to the table first in terms of PFS (September - next month) - good to see VRC getting MOU's though - suggests confidence in their end product - AT THE MOMENT we have 131/MT verses VRC 200 /t - BKT having twice the TGC and possibility to expand resource
Just a thought - its possible also that BKT may bypass MOU and get binding off take agreements - That would be good - ill try call management once they release results from spherical graphite results DUE NOW !!! and once PFS is out next month
GLTU + GLTAH
G101
Hi DJG23 - i also hold both and they both good plays IMO Binding...
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